China cash reserve ratio


China cash reserve ratio: 10 (-4.76%)
Last Update: February 28, 2024

China cash reserve ratio closed down 10 as of February 28, 2024 from 10.5 from the previous month and 11 from last year.


China cash reserve ratio Analytics & Data




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China cash reserve ratio

Date Values
2024-02-28 10
2024-01-31 10.5
2023-12-31 10.5
2023-11-30 10.5
2023-10-31 10.5
2023-09-30 10.5
2023-08-31 10.75
2023-07-31 10.75
2023-06-30 10.75
2023-05-31 10.75
2023-04-30 10.75
2023-03-31 10.75
2023-02-28 11
2023-01-31 11
2022-12-31 11
2022-11-30 11
2022-10-31 11.25
2022-09-30 11.25
2022-08-31 11.25
2022-07-30 11.25


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China cash reserve ratio Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
cash reserve ratio cn.cashreserveratio 11.375 11.5 -1 -9 Down Down 31 2022-04-30

China cash reserve ratio Factors

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What is the China cash reserve ratio

China Cash Reserve Ratio (CRR) Analysis and Trends

The China cash reserve ratio (CRR) is a monetary policy tool used by the People's Bank of China (PBOC) to regulate the amount of funds that commercial banks must hold as reserves. It is an important indicator that reflects the liquidity condition of the banking system in China.

Interpreting China Cash Reserve Ratio:

The cash reserve ratio helps in controlling the money supply in the economy. When the CRR is high, it indicates that commercial banks have to set aside a larger percentage of their deposits as reserves, leading to a reduction in the available funds for lending. This effectively slows down credit expansion and helps curb inflation.

On the other hand, when the CRR is low, banks have more funds available for lending, stimulating economic growth and easing liquidity conditions. However, a low CRR may also lead to a higher risk of inflation as excessive liquidity enters the market.

China Cash Reserve Ratio Historical Data and Trends:

Our webpage provides current and historical data on the China cash reserve ratio, allowing users to analyze its trends and make informed decisions. The charts and analytics offer a comprehensive view of the CRR's movements over time, highlighting key turning points, trends, and potential impacts on the economy.

By studying historical data, users can identify patterns and correlations between the CRR and other economic indicators. This information can help predict future changes in the CRR and its potential implications for the broader economy.

Export Historical Data for Further Analysis:

We understand the importance of detailed analysis, which is why our webpage allows users to export the historical data for free. With the exported data, users can conduct their own in-depth analysis, apply statistical models, and develop trading strategies or policy recommendations based on their specific needs.

MacroVar Signals, Trends, and Analysis:

In addition to providing historical data, our webpage also offers MacroVar signals, trends, and analysis. These advanced analytics leverage machine learning algorithms to identify potential shifts or anomalies in the cash reserve ratio. Users can utilize these signals to gain deeper insights, identify emerging trends, and make more precise predictions regarding the CRR's future movements.

The China cash reserve ratio is a critical indicator that plays a significant role in managing the country's monetary policy. By accessing our webpage's current and historical data, trends, analytics, and charts, users can enhance their understanding of this metric, make more informed decisions, and leverage the power of data to optimize their strategies or policies.

China Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
Shanghai Composite SSEC 3040.97 0 -1 -1.62179 47.112 -0.00682 -0.00439 0.00768 -0.015
China ETF FXI 25.48 -1 -1 -1.61998 42.8481 -0.00157 -0.00196 -0.00196 0.21623
Chinese Yuan US Dollar (CNY/USD) CNHUSD 7.3282 0.5 1 1.23409 53.6839 -0.00102 0.00049 0.00308 0.03964
China 5-Year Bond Yield CN.5Y 2.388 -1 -1 -1.56605 23.0044 0.00084 -0.03748 -0.06828 -0.09751
China 2-year bond yield CN.2Y 2.287 0 0.5 0.17981 47.5855 -0.00781 -0.01761 0.02144 0.04764
China Yield Curve CN.YC 0.312 -1 -1 -2.62166 35.4311 -0.05455 -0.25537 -0.27442 -0.52799
China Credit Default Swaps CDS.China 60 -0.5 -0.75 -1.07981 41.7908 0 0.01695 -0.01235 -0.21569
Export-Import Bank of China Credit Default Swaps CDS.Export-Import-Bank-of-China 68 0.5 -0.75 -0.52328 50.7665 0.01493 0.05837 0.03817 -0.14626
China Macroeconomic Indicators

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade cn.balanceoftrade 125.16 75.34 66 25 UP UP 70 2024-01-31
bank lending rate cn.banks.lendingrate 4.35 4.35 0 0 Down Down 51 2023-08-15
banks balance sheet cn.banks.bs 4920 1170 321 0 UP UP 38 2024-01-31
business confidence cn.bizconfidence 49.4 49.5 -0 -1 Down Down 52 2023-09-30
capacity utilization cn.caputilization 75.6 74.5 1 -1 Down Down 0 2023-07-31
capital flows cn.capitalflows -552 -623.42 -11 -18 UP UP 72 2024-03-31
car registrations cn.carregistrations 2115000 2792000 -24 44 Down UP 95 2024-01-31
cash reserve ratio cn.cashreserveratio 11.375 11.5 -1 -9 Down Down 31 2022-04-30
central bank balance sheet cn.cb.assets 445694 456427 -2 7 UP UP 89 2024-02-29
composite pmi cn.comppmi 52.5 52.5 0 -3 UP Down 38 2024-02-29
consumer confidence cn.consconfidence 88.9 87.6 1 -3 UP Down 41 2024-01-31
consumer price index cpi cn.cpi 104.2 103.2 1 1 UP UP 46 2024-02-29
core inflation rate cn.coreinflationrate 1.2 0.4 200 100 UP UP 88 2024-02-29
current account cn.currentaccount 552 627.81 -12 -22 Down Down 48 2024-03-31
current account to gdp cn.currentaccountgdp 1.8 1.9 -5 -63 Down Down 0 2021-01-31
deposit interest rate cn.depositrate 0.35 0.35 0 0 Down Down 51 2023-07-31
exports cn.exports 220.28 307.73 -28 3 Down UP 68 2024-02-29
external debt cn.externaldebt 24528 27465.6 -11 347 UP UP 0 2022-01-31
fiscal expenditure cn.fiscalexp 36112 22728 59 8 Down Down 57 2023-12-31
foreign direct investment cn.fdi 300 156.6 92 58 Down UP 100 2024-01-31
foreign exchange reserves cn.fxreserves 3225820 3219320 0 3 UP UP 83 2024-02-29
gdp cn.gdp 17963.2 17734.1 1 195 UP UP 0 2022-12-31
Real GDP cn.realgdp 1191040 859053 39 31 UP UP 45 2023-12-31
gdp growth cn.gdpgrowth 1.3 0.8 62 -58 UP Down 0 2023-09-30
gdp growth annual cn.gdpgrowthan 4.9 6.3 -22 -0 Down Down 92 2023-09-30
gold reserves cn.goldres 2235.39 2191.53 2 15 UP UP 60 2023-12-31
government budget cn.govbudget -7.4 -6.1 21 196 Down Down 0 2022-01-31
Government budget cn.govbudgetvalue -292.1 -841.3 -65 -34 UP UP 44 2024-01-31
government debt to gdp cn.govdebtgdp 76.9 71.5 8 128 UP UP 0 2022-01-31
government revenues cn.govrev 16653 12637 32 -8 Down Down 23 2023-12-31
housing index cn.housingindex -0.7 -0.4 75 -53 Down UP 41 2024-01-31
imports cn.imports 180.57 222.28 -19 -8 Down Down 41 2024-02-29
industrial production cn.indproduction 6.6 4.6 43 200 UP UP 98 2023-11-30
industrial production mom cn.indproductionmm 0.87 0.39 123 123 UP UP 85 2023-08-31
inflation cpi cn.inflationcpi -0.8 -0.3 167 -138 Down Down 7 2024-01-31
interbank rate cn.interbankrate 2.4 2.19 10 -6 Down Down 38 2023-08-15
interest rate cn.interestrate 3.55 3.55 0 0 Down Down 61 2023-08-11
loan growth cn.loangrowth 10.4 10.6 -2 -6 Down Down 35 2023-10-31
loans to private sector cn.loanprivate 65017 19401 235 21 UP UP 61 2024-03-31
China Manufacturing PMI (Official) cn.manpmi 50.7 49.5 2 3 UP UP 72 2023-11-30
money supply m0 cn.msm0 12101 12139.8 -0 12 UP UP 85 2024-02-29
money supply m1 cn.msm1 66591.6 69419.8 -4 1 Down UP 7 2024-02-29
money supply m2 cn.msm2 297625 292271 2 8 UP UP 15 2024-02-29
non manufacturing pmi cn.nonmanpmi 50.7 50.4 1 22 Down UP 97 2023-12-31
Producer Price Index cn.producerprices 108.4 108.7 -0 -3 Down Down 14 2023-10-31
PPI Index cn.producerpricesch -2.5 -2.7 -7 212 UP Down 93 2024-01-31
retail sales MoM cn.retailsales 0.15 -0.68 -122 -48 UP Down 34 2022-11-30
retail sales cn.retailsalesan 5.5 7.4 -26 57 Down UP 95 2024-01-31
reverse repo rate cn.reverserepo 2.1 2.1 0 -5 Down Down 27 2022-02-28
services pmi cn.servpmi 52.5 52.7 -0 -5 Down Down 28 2024-02-29
total vehicle sales cn.vehiclesales 2439000 3156000 -23 23 Down UP 81 2024-02-29
unemployment rate cn.unemploymentrate 5.3 5.2 2 -7 UP Down 23 2023-11-30
Leading Economic Conference Board Index cn.lei 151.9 152.3 -0 -3 Down Down 26 2024-01-31
Consumer Expectation Conference Board Index cn.leiconsexp 87.5 87.9 -0 -7 Down Down 26 2024-01-31
New Export Conference Board Orders cn.leiexporders 46.8 46.4 1 7 Down UP 88 2024-01-31