Episodes
Tuesday Mar 21, 2023
CBN丨China cuts RRR for first time in 2023 to support recovery
Tuesday Mar 21, 2023
Tuesday Mar 21, 2023
The People's Bank of China (PBOC) announced to cut the reserve requirement ratio (RRR) for financial institutions by 0.25 percentage points to 7.6%, effective March 27. It is expected to release about 530 billion yuan in long-term liquidity into the financial market.
https://m.21jingji.com/article/20230320/herald/406ef304deeda9129985dc9d2efe7fd7.html
Version: 20240731
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