The news is crossing the wires via China Securities Journal that the world’s second-largest economy may cut the amount of cash that banks have to hold as reserves in the second quarter ratio. The People’s Bank of China (PBOC) had cut the ratio by 100 basis points in January, to counter the weakest growth since the global financial crisis and mounting pressure from US tariffs. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold Technical Analysis: Pullback from 50% Fibonacci retracement highlights 2-week old supportline near $1300 FX Street 4 years The news is crossing the wires via China Securities Journal that the world's second-largest economy may cut the amount of cash that banks have to hold as reserves in the second quarter ratio. The People's Bank of China (PBOC) had cut the ratio by 100 basis points in January, to counter the weakest growth since the global financial crisis and mounting pressure from US tariffs. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
