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Central bank indicates further lowering bank reserve ratio

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Published: March 22nd, 2024,
Last updated: May 30th, 2025

The Chinese central bank is signaling its willingness to support the domestic economy. „China’s monetary policy has ample room and rich policy tool reserves,“ Central Bank Deputy Governor Xuan Changneng said at a press conference in Beijing on Thursday. „And there is still room to lower the reserve requirement ratio.“ The minimum reserve ratio specifies how much money banks must hold as a safety buffer at the central bank.

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