Oiling the wheels
All aboard the economic recovery train!
On Friday, China’s central bank (PBoC) said it will lower banks’ reserve requirement ratio (RRR) by 25 basis points, effective March 27.
The deets: The cut applies to all banks except those whose RRR is already 5% or lower.
It will bring the average weighted ...
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Trivium Markets keeps you briefed on the latest developments in China markets policy.