Wall Street Journal |
Yuan Declines as Reserve-Ratio Cut Bolsters Currency Supply
Bloomberg China's yuan fell the most in a week after the central bank reduced the amount of cash lenders must set aside in reserve for the second time this year, bolstering supply of the currency. The People's Bank of China cut the main reserve-requirement ratio by one ... China makes big cut in bank reserve requirement to fight slowdown Fresh China easing fail to boost Asian stocks For the People's Bank of China, Bond Buying Is Both Easy and Hard |
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