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China central bank injects funds, second phase of RRR cut takes effect
June 16, 2019 | By Investing.com
business
China central bank injects funds, second phase of RRR cut takes effect
:
SHANGHAI (Reuters) - China's central bank said on Monday the second phase of a cut in the reserve requirement ratio (RRR) freed about 100 billion yuan ($14.44 billion) worth of long term funds. In open market operations, the People's Bank of China (PBOC) als
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