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    China to cut reserve requirement ratio by 0.25 percentage points

    2023-03-20 11:29:15   [Print]
    China's central bank announced that it will cut the reserve requirement ratio (RRR) for financial institutions by 0.Asian Metal Copyright .Asian Metal Copyright25 percentage points from March 27, except for some incorporated financial institutions that have already implemented an RRR of 5%.Asian Metal Copyright .Asian Metal Copyright The cut will bring the weighted average RRR level to 7.Asian Metal Copyright6%.Asian Metal Copyright6%.

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