• PBoC announces a 0.5% cut to its reserve requirement ratio efective September 16

Noticias del mercado

6 septiembre 2019

PBoC announces a 0.5% cut to its reserve requirement ratio efective September 16

  • Will further cut RRR for some qualified banks
  • Additional reduction for said banks will be up to 100 bps or 1.00%
  • Targeted reduction for qualified banks will be via two phases of 50 bps cut each
  • RRR cuts to release about ¥900 billion in liquidity
  • Reiterates that will continue to implement prudent monetary policy

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: