• China cuts reserve requirement ratio by 0.5 percentage points starting from May 15

    Source: Buzz FX / 14 May 2025 21:30:31   America/Chicago


    (ECNS) -- The People's Bank of China (PBOC), China's central bank, said it has cut the reserve requirement ratio (RRR) by 0.5 percentage points for financial institutions, which took effect on Thursday.
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