The Central Bank Lowered The Reserve Requirement Ratio For Financial Institutions

The Central Bank Lowered The Reserve Requirement Ratio For Financial Institutions

HAIAN, CHINA - FEBRUARY 5, 2024 - A customer transacts business at a personal banking counter of a bank in Haian, East China's Jiangsu province, Feb 5, 2024. On the same day, the People's Bank of China cut the reserve requirement ratio (RRR) by 0.5 percentage points for the first time in nearly two years, providing 1 trillion yuan of long-term liquidity to the market.

  • Product Code
  • ILEA002276839
  • Registered date
  • 2024/2/05 00:00:00
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  • CFOTO / Kyodo News Images
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  • CFOTO
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