REFILE-China’s RRR still relatively high by global standards, can be adjusted further – PBOC official
The proportion of money
that Chinese banks must set aside as reserves is still
relatively high by global standards, and can be adjusted in
future to help provide long-term, stable liquidity to the
economy, a senior central banker said.
that Chinese banks must set aside as reserves is still
relatively high by global standards, and can be adjusted in
future to help provide long-term, stable liquidity to the
economy, a senior central banker said.
Posted by Reuters
