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China retools Bank Reserve Ratio, casting doubt on RRR cuts

Discussion in 'Fundamental Analysis' started by ForexLive, Jan 5, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Bloomberg report on a People's Bank of China describing a new Macro Prudential Assessment system, or MPA. announcement - From December 29 - Says the implication of the measure is potentially less likelihood of required reserve ratio cuts The MPA idea is to use the ratio of deposits that must be held at the PBOC as a method for reining in risks

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