- People’s Bank of China (PBOC) announces Reserve Requirement Ration (RRR) cut for some banks
Market news
13 tháng 3 2020
People’s Bank of China (PBOC) announces Reserve Requirement Ration (RRR) cut for some banks
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PBOC to cut RRR by 0.50% to 1.00% for banks under its inclusive finance scheme
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Cuts RRR by additional 1.00% for joint-stock banks
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Targeted RRR cuts to unleash ¥550 billion to the banking system
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