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reserve requirement, People's Bank of China
China cuts banks' reserve requirement ratio by 50 bps, effective from Sept 27
China's central bank said on Friday it would cut the amount of cash that banks must hold as reserves by 50 basis points, the second reduction this year aimed at bolstering faltering economic growth. The move,
China cuts reserve requirement ratio by 0.5 percentage points
China's central bank on Friday announced a cut in the reserve requirement ratio (RRR) by 0.5 percentage points for financial institutions.
Beijing cuts key lender reserve requirement ratio
The central government on Friday cut the amount banks must hold in reserve, a bid to boost its economy by releasing an estimated US$142.6 billion in
1d
China Cuts Banks' Reserve Ratio as Economic Growth Sputters
China's central bank said on Friday it would cut the amount of cash that banks must hold as reserves by 50 basis points, the ...
NBC Los Angeles
3d
China 10-year bond yield hits record low after PBOC signals more easing
China bond yields fell to a record low after the People’s Bank of China announced that it will cut the reserve requirement ...
2d
on MSN
China Moves To Avoid Economic Setback
The raft of new measures aims to jumpstart the economy amid a yearslong property downturn, muted consumer demand, and high youth unemployment.
3d
Wall Street Breakfast: Stimulus Blitz
Read more about China stimulus package, DOJ vs. Visa, upcoming Senate hearing on Ozempic and Wegovy, and union response to ...
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