PBOC unlikely to cut RRR in the short term - China Securities Journal

Dhwani Mehta FXStreet

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.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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