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China central bank – XtremeCuztoms

Tag: China central bank

China’s Reserve Ratio Cut May Heighten Companies’ and Banks’ Financial Risk

Commentary On Nov. 25, China’s central bank announced its plan to cut the reserve ratio by 0.25 percent points, effective on Dec. 5, 2022. This would release 500 billion yuan ($69.7 billion) worth of long-term liquidity to the market. However, this move may not effectively boost the economy, but instead increase the financial risk for both…


China Cuts Banks’ Reserve Requirements in Bid to Stimulate Slowing Economy

China’s central bank has announced it will cut the amount of cash that banks must hold in reserve, unlocking $188 billion in long-term liquidity to shore up slowing economic growth. The People’s Bank of China (PBOC) said on its website on Dec. 6 that it would lower the reserve requirement ratio (RRR) for banks by 0.5…