China’s Central Will Guide Interest Rates Lower to Aid Virus-Hit Economy: State Media
Liu Guoqiang, deputy governor of the People’s Bank of China, also told the Financial News in an interview that the central bank will release more liquidity to banks by adjusting the criteria for targeted reserve requirement ratios (RRR) cuts. China has cut several of its key rates in recent weeks, including the benchmark loan rate on Thursday …
News story posted on 2020-02-22T03:33:00.0000000Z
