New policy of PBOC not “RRR cut”, likely to flat offshore RMB fluctuation

After reviewing the deposit reserve deviation, the central bank, also known as the People’s Bank of China (PBOC), further “averages” the review method for reserve requirement ratio (RRR) to hedge the market fluctuation caused by timing factors.

Xinhua Finance

Xinhua Finance

9 Years ago

Markets quarter deposit CNH reserve end