Global EditionASIA 中文双语Français
Business
Home / Business / Policies

China to cut RRR by 50 basis points

Xinhua | Updated: 2019-09-06 17:42
Share
Share - WeChat
Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, Oct 8, 2018. [Photo/IC]

BEIJING, Sept 6 — China's central bank announced Friday to cut the reserve requirement ratio for financial institutions by 50 basis points from Sept 16 in the latest effort to bolster the economy.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE