China central bank injects funds, second phase of RRR cut takes effect
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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