PBOC: RRR cut by 25 bps effective as of April 25

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PBOC: RRR cut by 25 bps effective as of April 25
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PBOC: RRR cut by 25 bps effective as of April 25 By eren_fxstreet China CentralBanks PBOC

"Will not resort to flood-like stimulus, will keep liquidity reasonably ample.""Will guide financial institutions to use funds released to support industries and small firms affected by COVID.""Will closely watch monetary policy adjustments by major economies."

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