Posted inChina

PBOC seeks to calm markets with reserve ratio cut

The People’s Bank of China’s (PBoC) latest decision to lower banks’ reserve requirement ratios (RRR) for foreign exchange may help to slow the yuan’s depreciation in the short term but it will not reverse the currency’s broad weakening trend, economists said. Due to market expectations of a 50 basis point increase in the Federal Open […]

Sign In

We've recently sent you an authentication link. Please, check your inbox!

Sign in with a password below, or sign in using your email.

Get a code sent to your email to sign in, or sign in using a password.

Enter the code you received via email to sign in, or sign in using a password.

Subscribe to our newsletters:

OR
%d bloggers like this: