Logo 19 Apr 2022

Easy on the easing

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Trivium Markets keeps you briefed on the latest developments in China markets policy.

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As far are monetary easing goes, that was pretty underwhelming.

On Friday, the central bank (PBoC) cut the reserve requirement ratio (RRR) for most banks by 25 basis points (bps).

The cut doesn’t apply to banking institutions for which the RRR is already 5% or lower.It takes effect April 25.