Delay in interest rate hikes expected: Bank of China.

By bne IntelliNews June 8, 2010
Bank of China expects the Chinese central bank to raise banks? required reserve rate instead of hiking the policy rates. As reported by Reuters News, the People's Bank of China is expected to increase benchmark interest rates a couple of times in the second half of this year, by 27 or 54 basis points (bps). The central might also ask commercial banks to set aside more cash as reserves instead of using it for new loans.

Related Articles

Hong Kong's composite interest rate registered 0.25% in February

Hong Kong's composite interest rate declined 3 basis points (bps) registering 0.25% in February this year. As reported by News.gov.hk, the decrease in the composite rates was due to the decline ... more

Thailand's government expected to promote export-oriented SMEs.

Thailand's government is likely to offer financial support for export-oriented small- and medium-sized enterprises (SMEs) and the indigenous industry, resulting in an increase in volume and value ... more

Small companies concerned about various government incentive schemes.

Singapore's small businesses are expected to be having concerns regarding the new and diverse government incentive schemes, which were announced in the recent Budget. As reported by ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss