Published 06:42 IST, September 27th 2024
China cuts banks' reserve ratio as economic growth sputters
The People's Bank of China (PBOC) said it would cut the reserve requirement ratio (RRR) for all banks, except those that have implemented a 5% reserve ratio.
PBOC | Image:
Shutterstock
- Listen to this article
- 2 min read
Advertisement
06:42 IST, September 27th 2024