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Timeline of China's monetary moves

Updated: 2011-06-21 17:47
( chinadaily.com.cn)

2012

July 6

One-year deposit rate was lowered by 0.25 of a percentage point, and one-year lending rate was cut by 0.31 of a percentage point.

June 8

One-year deposit and lending rates were lowered by 0.25 of a percentage point.

2011

July 7

One-year deposit and lending rates were raised by 0.25 of a percentage point.

June 20

The reserve requirement ratio was increased by half of a percentage point.

May 18

The reserve requirement ratio was increased by half of a percentage point.

April 6

One-year deposit and lending rates were raised by 0.25 of a percentage point.

March 25

The reserve requirement ratio was increased by half of a percentage point.

February 24

The reserve requirement ratio was increased by half of a percentage point.

February 9

One-year deposit and lending rates were raised by 0.25 of a percentage point.

January 20

The reserve requirement ratio was increased by half of a percentage point.

2010

December 26

One-year deposit and lending rates were raised by 0.25 of a percentage point.

December 20

The reserve requirement ratio was increased by half of a percentage point.

December 12

China said macro-regulation should basically be proactive, stable, prudent and flexible in 2011.

November 29

The reserve requirement ratio was increased by half of a percentage point.

November 16

The reserve requirement ratio was increased by half of a percentage point.

October 20

One-year deposit and lending rates were raised by 0.25 of a percentage point.

May 10

The reserve requirement ratio was increased by half of a percentage point for financial institutions, and the ratio for the rural credit cooperatives and rural banks was remain unchanged.

February 25

The reserve requirement ratio was increased by half of a percentage point for financial institutions, and the ratio for the rural credit cooperatives and rural banks was remain unchanged.

January 18

The reserve requirement ratio was increased by half of a percentage point for financial institutions, and the ratio for the rural credit cooperatives and rural banks was remain unchanged.

2009

December 7

China said to continue to adopt the proactive fiscal policy and moderately easy monetary policy in 2010.

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