PBOC governor Pan: There is still room for cutting RRR ...Middle East

China still has sufficient room with regards to monetary policyStill have rich monetary policy tools at its disposalTo keep yuan exchange rate basically stableTo help consolidate and strengthen economic recoveryThe most important takeaway is the headline remark. It goes to show that the door is open for more RRR cuts in the months ahead, after the move in February here. For some context, China only cut its RRR twice last year - one in March and one in September. This article was written by Justin Low at www.forexlive.com.

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Last updated : 06 March 2024 clock 11:04 AM

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PBOC governor Pan: There is still room for cutting RRR ...Middle East

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