A timely rain! The first comprehensive RRR cut in 2023. What benefits will it bring?


2023-03-19: [Chinese Article Link] The drop came. First overall reduction of 0.25 percentage points during the year On March 27, 2023, the People's Bank of China (PBOC) decided to reduce the reserve ratio of financial institutions by 0.25 percentage points (excluding financial institutions that have implemented the After this reduction,


Note: This is a machine translated version of the Chinese news media article. A mature and nuanced reading is suggested.




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A timely rain! The first comprehensive RRR cut in 2023. What benefits will it bring?


2023-03-19: [Article Link] The drop came. First overall reduction of 0.25 percentage points during the year On March 27, 2023, the People's Bank of China (PBOC) decided to reduce the reserve ratio of financial institutions by 0.25 percentage points (excluding financial institutions that have implemented the After this reduction,

Note: This is a translated version of the Chinese news media article. A mature and nuanced reading is suggested.