China's central bank to cut RRR by 0.5 percentage points
(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
Ohio judge to rule Monday on whether the state’s abortion ban stands
COLUMBUS, Ohio (AP) — A county judge could rule as early as Monday on Ohio’s law banning virtually a2024-05-21Jets defenseman Brenden Dillon out for Game 4 against Avalanche with lacerated hand
DENVER (AP) — Winnipeg defenseman Brenden Dillon will miss Game 4 on Sunday against Colorado with a2024-05-21- BERLIN (AP) — Borussia Mönchengladbach and Union Berlin drew 0-0 for a point each in their bids for2024-05-21
Sydney Sweeney puts on a busty display in a bikini top in highlights from her fun
Sydney Sweeney showcased her sizzling figure while sharing highlights of her fun-filled girls trip o2024-05-21Travis Kelce downs whiskey shot on slice of bread at Kelce Jam without Taylor Swift
Travis Kelce was spotted taking a whiskey shot from a slice of bread in true southern fashion as he2024-05-21Sydney Sweeney puts on a busty display in a bikini top in highlights from her fun
Sydney Sweeney showcased her sizzling figure while sharing highlights of her fun-filled girls trip o2024-05-21
atest comment