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Exchange Rate: The People'S Bank Of China Announced A 0.5 Percentage Point Reduction In The Reserve Ratio
Pan Gongsheng, President of the People's Bank of China, announced on January 24 that the People's Bank of China would cut the deposit reserve ratio by 0.5 percentage point on February 5, providing about 1 trillion yuan of long-term liquidity to the market; On January 25, the interest rate of small refinancing and rediscount for agriculture support will be lowered by 0.25 percentage points, and the cost of comprehensive social financing will continue to decline steadily.
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RMB Exchange Rate: The Recent Sharp Rise Of RMB Broke Through 7.14, Affecting Textile And Clothing Exports
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2023/11/24 11:14:00
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