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PBOC deputy governor says will cut RRR, interest rates, at an appropriate time

PBOC deputy governor says will cut reserve Requirement ratio (RRR), interest rates, at an appropriate time

  • to focus financial support on stabilising jobs, economic growth
  • will guide financial institutions to guarantee financing demand for foreign trading firms (i.e. exporters)
  • studying plans to enrich policy kit
  • will roll out new policies when needed

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Earlier:

This article was written by Eamonn Sheridan at www.forexlive.com.

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