• Chinese Central Bank to Cut Required Reserve Ratio for First Time in 2023, Observers Say Short-term Interest Rate Cuts Now Unlikely

    Source: Buzz FX / 18 Mar 2023 18:45:57   America/New_York

    The People’s Bank of China (PBOC) has announced plans to implement the first cut to the required reserve ratio (RRR) in 2023, as part of efforts to shore up liquidity in the Chinese financial system.
    On 17 March, PBOC announced that it woul
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