Macro Economics: China

Macro Economics: China Banks Need’s To Hold More Deposits With The Central Bank China central bank have enforced on the rule that banks needs to have an additional 0.5% of their deposits to central bank. This was done with an aim of ensuring that the Chinese currency does maintain its value or appreciates further despite of wishes of the internal monetary control which wants to rise against international currencies such as United States Dollar which have been reducing its value over the recent years.