FXStreet (Córdoba) – The Chinese Securities Journal says that China could cut the reserve requirement ratio (RRR) for banks, as a consequence of tightening liquidity, according to unnamed analysts.

China cut the RRR by 50 bps to 18% on June 28 when it also cut interest rates.

The Chinese Securities Journal says that China could cut the reserve requirement ratio (RRR) for banks, as a consequence of tightening liquidity, according to unnamed analysts.

(Market News Provided by FXstreet)

By FXOpen