China to cut reserve requirement ratio in near future: central bank governor

by Shine
September 24, 2024
Share Article:

China will cut the reserve requirement ratio by 0.5 percentage points in the near future, providing about 1 trillion yuan (US$141.78 billion) in long-term liquidity to the financial market, Pan Gongsheng, governor of the People's Bank of China, said Tuesday.

#Bank of China
Share Article:

In Case You Missed It...

Weekend Buzz: 5-6 September 2026
FEATURED
[DAILY BUZZ]
Weekend Buzz: 5-6 September 2026
@ Lu FeiranLineSep 5, 2026
Weekend Buzz: 29-30 August 2026
[Daily Buzz]
Weekend Buzz: 29-30 August 2026
A quick look at the market, business, and economic news making headlines in China.
Weekend Buzz: 15-16 August 2026
[Daily Buzz]
Weekend Buzz: 15-16 August 2026
A quick look at the market, business, and economic news making headlines in China.
[Big News] Gov Wants YOUR Feedback, Win Prizes
[BIG News]
[Big News] Gov Wants YOUR Feedback, Win Prizes
We'd kindly ask you to share this with your most opinionated friends, and perhaps, do us a solid and share this to your WeChat moments.