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China has room to cut RRR further, PBOC official says

China has room to further cut the reserve requirement ratio, with the average RRR now at 6.6, a central bank official said on Saturday, according to state broadcaster CCTV.

Posted by Hicham ALAOUI RIZQ on 2024, Dec 14

Introduction

China has room to further cut the reserve requirement ratio, with the average RRR now at 6.6, a central bank official said on Saturday, according to state broadcaster CCTV.

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