China makes surprise rate cut to boost banking liquidity and the economy
March 18 2023, 08:00
China's central bank has made a surprise cut to the amount of money that banks must keep in reserve, in an effort to keep money flowing through the financial system and prop up the economy.
China's central bank has made a surprise cut to the amount of money that banks must keep in reserve, in an effort to keep money flowing through the financial system and prop up the economy.
Source:
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