RPT-UPDATE 2-China cuts banks’ reserve ratios again, frees up $115 bln to spur economy

 

RPT-UPDATE 2-China cuts banks’ reserve ratios again, frees up $115 bln to spur economy

China’s central bank said on Wednesday it was cutting the amount of cash that all banks must hold as reserves, releasing around 800 billion yuan ($114.91 billion) in funds to shore up the slowing …

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