Tuesday , January 26 2021

Three years later, the central bank once again downgraded again – the financial sector




Three years later, the central bank once again reduced the financial sector.

After the last comprehensive downgrade, the central bank's move has been around for three years: On February 29, 2016, Central Bank announced that from 1 March 2016, the RMB deposit reserve ratio of financial institutions is generally reduced by 0.5 percent. .

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