Banking experts said the central bank may raise Chinese commercial banks' required reserve ratio to tame surging domestic liquidity and inflation, China Securities Journal reported Wednesday.
1 O! c3 K1 x' Q4 W/ g7 D According to Bank Communication Analyst E Yongjian, the current situation does not allow for a higher interest rate, so the rises in reserve requirement are necessary. The increase could be implemented in four separate rises of 0.5 percentage points each, the newspaper reported.
* a" ]2 D/ @/ Q, M2 c Agricultural Bank of China representatives predicted the required reserve ratio could increase by 150 to 250 basis points in total, in three to five separate rises, the report said.
) [/ Q; K/ `) v4 n0 M Some experts say the required reserve ratio may be raised slightly as hikes in interest rates are still necessary to relieve pressure caused by inflation.
8 _) r& d; w4 V% g4 d* t In December 2010, the M2 increased 19.7 percent year-on-year, and the new yuan-denominated lending increased by 480.7 billion yuan, driving new loan totals last year to 7.95 trillion yuan, according to data from the People's Bank of China. |
发表于 2012-8-16 08:12:37
