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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)

Photo Details

Photo ID	#11604838
Date Taken	24 September 2024
Location	N/A
Photographer	Costfoto/NurPhoto
Category	Economy, Business and Finance
Copyright	© 2026 NurPhoto - Costfoto/NurPhoto

Related Keywords

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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