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Saturday, September 30, 2017

China says it cuts RRR for some banks effective 2018

September 30, 2017 0 comments
Breaking news from China 30 Sept - cuts Reserve Requirement Ratio for some banks as of 2018 - cuts RRR for banks involved in lending to agriculture and small firms Same ol', same ol' in the rhetoric from the PBOC but the RRR cut is a new initiative as China extends its reforms in an effort to generate/regenerate growth that
China says it cuts RRR for some banks effective 2018
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