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Thread: Reserve ratio hit a record high
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[quote=JIMMYB,259414]Quote: Will it help slow down the housing prices? Personally, I do not think that it can help slow down the housing prices. Although the state has raised reserve ratio ten times, the housing prices are not affected at all. It only set limits for those commercial banks. Those stated owned banks suffer little from reserve ratio increase. To slow down the house prices, the interest rates is the key.[/quote]
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