The People's Bank of China Will Cut The Reserve Requirement Ratio

Editorial photo #11604837 Economy, Business and Finance

The People's Bank of China Will Cut The Reserve Requirement Ratio

Chinese Yuan banknotes are pictured in Fuyang, China, on September 24, 2024. On September 24, the People's Bank of China announces that it will cut the reserve requirement ratio by 0.5 percentage points in the near future, providing long-term liquidity to the financial market of about 1 trillion yuan. (Photo by Costfoto/NurPhoto)

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#11604837
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Costfoto/NurPhoto
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Economy, Business and Finance
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© 2026 NurPhoto - Costfoto/NurPhoto

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China CHN Bank Fuyang China September 24 2024 Chinese Yuan banknotes East China Anhui province People's Bank of China reserve requirement ratio 0.5 percentage points liquidity financial market 1 trillion yuan Costfoto NurPhoto monetary policy economic stimulus central bank currency financial stability banking sector economic growth financial regulation cash reserves interest rates economic policy financial system money supply credit availability economic measures banking reform financial institutions monetary easing.
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