Home PBOC Deputy Governor: Will lower RRR for smaller banks

PBOC Deputy Governor: Will lower RRR for smaller banks

Published date: 31 May. 2019 | 07:32

The Deputy Governor at the Chinese central bank, the People’s Bank of China (PBOC) was on the wires last minutes, noting that the PBOC will lower the Reserve Requirement Ratio (RRR) for smaller banks.

He further said that the central bank will keep ample liquidity via various monetary policy tools.

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