PBOC deputy governor says will cut reserve Requirement ratio (RRR), interest rates, at an appropriate time
- to focus financial support on stabilising jobs, economic growth
- will guide financial institutions to guarantee financing demand for foreign trading firms (i.e. exporters)
- studying plans to enrich policy kit
- will roll out new policies when needed
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Earlier:
- China’s news conference on boosting the economy and jobs has begun
This article was written by Eamonn Sheridan at www.forexlive.com.
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