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PBOC cuts RRR by 0.5%

Discussion in 'Fundamental Analysis' started by ForexLive, Feb 29, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    News just out - reserve requirement ratio cut by 0.5% effective tomorrow 1 March - PBOC say rate cut to maintain reasonable, ample liquidity in financial system CNY and CNH both posting 3 week lows vs USD after the announcement.

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