Chinese financial media: Analysts see space for interest rate & reserve requirement cuts ...Middle East

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Chinese financial media: Analysts see space for interest rate & reserve requirement cuts
China Securities Journal with reports from analysts seeing scope for cuts to interest rats and the RRR.Yuan update, the offshore yuan, CNH finding a bid:***The Reserve Requirement Ratio (RRR) is a central bank regulation that sets the minimum amount of reserves each bank must hold in relation to their deposit liabilities. Its the percentage of total deposits that banks are legally required to keep on hand, either as cash in their vaults or in a reserve account at the central bank.In China, this ratio is set by the People's Bank of China (PBOC).By adjusting the RRR, the PBOC can influence the lending capacity of commercial banks. For example, an increase in RRR means that banks have less mone

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