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KM Financial Solutions | PBOC official says China’s RRR cut won’t alter resolve to lower risk – state media
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PBOC official says China’s RRR cut won’t alter resolve to lower risk – state media

08 Oct PBOC official says China’s RRR cut won’t alter resolve to lower risk – state media

Posted at 00:53h in News by
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SHANGHAI, Oct 9 (Reuters) – The plan by China’s central bank
to cut the amount of cash reserves that some banks must hold
will not alter policymakers’ resolve to lower financial risk,
the official China Daily reported an official saying on Monday.

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