China central bank cuts reserve requirement ratio as economy slows

The People's Bank of China will reduce the reserve requirement ratio by 0.5 percentage point for all banks except those that are already on the lowest level of 5%, according to a statement

The People's Bank of China will reduce the reserve requirement ratio by 0.5 percentage point for all banks except those that are already on the lowest level of 5%, according to a statement https://ift.tt/3rCn38D December 05, 2021 at 11:46PM