Tag: Reserve requirement ratios (RRRs)

• Tuesday, October 9th 2018 - 08:20 UTC

  China injects more liquidity to lower financing costs and prop the economy

  

  China's central bank announced a steep cut in the level of cash that banks must hold as reserves, stepping up moves to lower financing costs and spur growth amid concerns over the economic drag from an escalating trade dispute with the United States.