Changes in Interest Rate

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Timeline

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.

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