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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 Copyright6%.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 The cut will bring the weighted average RRR level to 7.Asian Metal Copyright The cut will bring the weighted average RRR level to 7.Asian Metal Copyright The cut will bring the weighted average RRR level to 7.Asian Metal Copyright6%.

    .Asian Metal Copyright6%Asian Metal Copyright
    Aluminum Scrap Profile Al 91%min Ex-VAT Delivered China
    Unit:RMB/mt
    Aluminum Scrap Profile Al 91%min Ex-VAT Delivered China RMB/mt
    China secondary aluminum alloy producers' sales to production ratio statistics by province by month
    Unit: %
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