The People’s Bank of China (PBOC) announced late Friday that it would reduce the reserve requirement ratio for most banks by 0.5 percentage points, releasing around 1 trillion yuan (US$154 billion) in long-term liquidity. Bloomberg photo/n
Read MoreClashing with broader view, China interest rate cut predicted by end of year
2021-07-13T05:37:30-04:00July 13th, 2021|
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