皇冠体育app

皇冠体育app will raise the reserve requirement ratio by half a percentage point to 13 percent for commercial banks from October 25, the People's Bank of 皇冠体育app announced on Saturday.

This is the eighth such move so far this year with an aim to "strengthen liquidity management in the banking system and check the excessive credit growth," the central bank said in a statement posted on its website.