The governor of the People’s Bank of China (PBOC), Pan Gongsheng, said on Oct. 18 that the central bank plans to lower banks’ reserve requirement ratio (RRR) by between 25 and 50 basis points in the fourth quarter, depending on market liquidity
The governor of the People’s Bank of China (PBOC), Pan Gongsheng, said on Oct. 18 that the central bank plans to lower banks’ reserve requirement ratio (RRR) by between 25 and 50 basis points in the fourth quarter, depending on market liquidity