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China cuts RRR to lower financing costs and boost the real economy
Chinese central bank, the People's Bank of China (PBOC) announced on December 6 a 0.5 percent cut of required reserve ratio (RRR) for banks, effective from December 15, to reduce social financing costs and better support the real economy.
【Financial Str. Release】China's central bank announces reserve requirement ratio cut
China's central bank said Monday it has decided to cut the reserve requirement ratio (RRR) for financial institutions to support the development of the real economy and reduce the comprehensive financing cost.
【Financial Str. Release】 China's earlier-than-expected RRR cut unlikely to significantly boost stock, bond market
China announced on July 9 to slash banks' required reserve ratio (RRR) by 0.5 percent from July 15, taking investors by surprise when they were still betting on debut of a guessed targeted RRR cut in the future.
【Financial Str. Release】China announces reserve requirement ratio cut
The People's Bank of China (PBOC), China's central bank, Friday announced it would cut the reserve requirement ratio (RRR) by 50 basis points for eligible financial institutions from July 15 to support the real economy.
China considers RRR cuts to support real economy: State Council
China will increase the financial support for the real economy, especially the micro, small and medium-sized enterprises, a State Council executive meeting chaired by Premier Li Keqiang decided Wednesday.
China's central bank to bolster real economy via targeted RRR cuts, refinancing
China's central bank will continue to channel credit funds into the real economy, especially small businesses, through measures such as targeted reserve requirement ratio (RRR) cuts and refinancing.
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