China's central bank to cut RRR by 0.5 percentage points
Release time:2024-05-21 08:19:32
(ECNS)-- The People's Bank of China, the country's central bank, will lower the reserve requirement 。
(ECNS)-- The People's Bank of China, the country's central bank, will lower the reserve requirement ratio by 0.5 percentage points, effective on Feb. 5, Pan Gongsheng, its governor, said at a press conference on Wednesday.
It will provide the market with approximately 1 trillion yuan in long-term liquidity, Pan added.
Related articles
Supreme Court declines to hear challenge to Maryland ban on rifles known as assault weapons
WASHINGTON (AP) — The Supreme Court on Monday declined, for now, to hear a challenge to a Maryland l2024-05-21Ordinary Lives Shine Bright with Love
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-21Beijing Carved Porcelain Embodies Unique Artistic Charm
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-21CPC Delegate Committed to Subway Safety
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-21Dodgers acquire pitcher Yohan Ramírez from Mets for cash
LOS ANGELES (AP) — The Los Angeles Dodgers acquired pitcher Yohan Ramírez from the New York Mets for2024-05-21A Couple's Efforts to Conduct Patriotic Education Among Children
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-21
atest comment