Logo 19 Apr 2022

Easy on the easing

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.
...

Snuh-ohez.

Your subscription doesn't include access to this content. Upgrade your account to access.

Subscribe to Trivium Neopol or Trivium Tech.