Reserve requirements raise becomes effective Thursday
Updated: 2011-02-24 09:27
By Qiang Xiaoji (chinadaily.com.cn)
This was the second time that the central bank raised the RRR this year and the eighth time since last year.
After the adjustment, the RRR for large financial institutions will hit a new high of 19.5 percent.
Dmitry Medvedev and Vladimir Putin inspect Olympic preparations.
The Lantern Festival is celebrated across China.
Models line up before a show during New York Fashion Week.