Pantheon Macroeconomics - Over the weekend, the PBoC cut the RRR for the vast majority of banks. FX reserves data released shortly after suggested that the Bank already is propping up the currency.

Asia | 9 October 2018 PBoC RRR cut: The Lady Doth Protest too Much, Methinks
Over the weekend, the PBoC cut the RRR for the vast majority of banks. FX reserves data released shortly after suggested that the Bank already is propping up the currency.

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9 October 2018 PBoC RRR cut: The Lady Doth Protest too Much, Methinks

By Freya Beamish

Over the weekend, the PBoC cut the RRR for the vast majority of banks. FX reserves data released shortly after suggested that the Bank already is propping up the currency.

Posted: 9th Oct 2018 in 'Asia'

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