PBOC unlikely to cut RRR in the short term - China Securities Journal
|The China Securities Journal is out with a front page report this Thursday, stating that PBOC (Chinese central bank) is unlikely to cut the reserve requirement ratios (RRR) in the short term.
Further Headlines:
Better-than expected Q1 economic data places the PBOC under less pressure to cut RRR.
PBOC expected to continue reserve repo injections with greater intensity in the near future.
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