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

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