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KM Financial Solutions | China central bank cuts some banks’ reserve requirement ratios by 50 bps
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China central bank cuts some banks’ reserve requirement ratios by 50 bps

23 Jun China central bank cuts some banks’ reserve requirement ratios by 50 bps

Posted at 09:28h in News by
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BEIJING, June 24 (Reuters) – China’s central bank said on
Sunday it would cut the amount of cash that some banks must hold
as reserves by 50 basis points (bps).

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