Friday , 27 September 2024
Home Forex PBoC cuts seven-day reverse repo rate to 1.5% from 1.7%, trims Reserve Requirement Ratio (RRR) by 50 bps
Forex

PBoC cuts seven-day reverse repo rate to 1.5% from 1.7%, trims Reserve Requirement Ratio (RRR) by 50 bps

The People’s Bank of China (PBOC) cut the seven-day repo rate to 1.5% from 1.7% on Friday.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

European equities open slightly higher to start the day

Eurostoxx +0.2%Germany DAX +0.2%France CAC 40 +0.4%UK FTSE +0.2%Spain IBEX flatItaly FTSE...

Spain September preliminary CPI +1.5% vs +1.9% y/y expected

Prior +2.3%HICP +1.7% vs +1.9% y/y expectedPrior +2.4%This adds to the French...

Spain Q2 final GDP +0.8% vs +0.8% q/q prelim

No changes to the initial estimate as the Spanish economy remains one...

What are the main events for today?

The European session will see the release of low-tier indicators which shouldn't...