China cuts reserve requirement ratio for all banks. What analysts say - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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China cuts reserve requirement ratio for all banks. What analysts say

China has cut the reserve requirement ratio (RRR) for all banks by 50 bps, releasing around 1 trillion yuan ($154 billion) in long-term liquidity to underpin a post-COVID economic recovery that is starting to lose momentum.

from Stocks-Markets-Economic Times
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