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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