China'scentralbankSaturdayannouncedatargetedreserverequirementratio(RRR)cuttoencourageinclusivefinancingatcommercialbanks,suchascreditsupportforsmallandmicro-si
China's central bank announced on Monday that it will lower its reserve requirement ratio (RRR) for commercial banks by 0.5 percentage point, effective Tuesday.
The People's Bank of China (PBOC), the central bank, announced cutting the reserve requirement ratio (RRR) and lowering key interest rates on Tuesday.
The People's Bank of China (PBOC), the central bank, announced on Tuesday a cut in the reserve requirement ratio (RRR) and lower key interest rates.
The Chinese central bank's decision to cut banks' reserve requirement ratio (RRR) will be good for growth, reduce financing costs, and aid the real economy, analysts believe.
China's central bank on Sunday decided to lower the reserve requirement ratio (RRR), the minimum level of reserves banks must hold, by one percentage point effective from Monday.
The universal reserve requirement ratio (RRR) cut starting on Thursday is not the start of a strong stimulus for the economy, a senior official of China's central bank told Xinhua on Thursday.
China's central bank on Wednesday decided to lower the reserve requirement ratio (RRR), the minimum level of reserves banks must hold, by 50 basis points from Feb. 5.
China's stock markets rallied after the central bank lowered the reserve requirement ratio (RRR) on Thursday for the first time in over two years, underscoring the powerful sway of this unique monetary policy tool.
A fully-fledged cut of the reserve requirement ratio (RRR) for banks is unlikely, as the central bank prefers targeted monetary tools, economists have said, as speculation mounts about such a dramatic move to heat China's lukewarm economy.
China's central bank announced on Monday that it will cut the reserve requirement ratio (RRR) by 0.5 percentage points for banks engaged in proportionate lending to agricultural and small firms.
The Chinese cabinet's decision to carry out targeted reserve requirement ratio cuts in more banks is in line with its pledge to deepen financial reform and better serve the real economy, which analysts say will ultimately boost economic restructuring.
China on Wednesday announced a string of financial and tax moves including cutting the reserve requirement ratio (RRR) for some rural financial institutions to provide more support for the rural economy and bolster job creation.
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