China raised banks’ reserve requirements

Last updated: February 19, 2010

Dhaka, Bangladesh (BBN)- China's central bank surprised markets on Friday by saying it was raising banks' reserve requirements by 50 basis points, effective February 25, the second such increase this year.

The Bank of Japan kept its policy target interest rate on hold at 0.1 percent on Thursday

BBN/SS/SI/AD-19February10-5:56 pm (BST) 

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