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MNI BRIEF: PBOC Pledges To Keep Liquidity Ample

MNI (LONDON) - The People’s Bank of China will strengthen counter-cyclical efforts and keep liquidity ample through available tools including interest rates and reserve requirement ratio reductions, according to the latest Monetary Policy Report posted on the Bank’s website on Thursday. 

The Bank will closely monitor changes in monetary policies of major overseas counterparts and optimize policy in a timely manner based on domestic and international economic and financial conditions, the Report stated. (See:MNI: PBOC To Make Q1 Cut After Stance Shift-Former Officials)

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MNI (LONDON) - The People’s Bank of China will strengthen counter-cyclical efforts and keep liquidity ample through available tools including interest rates and reserve requirement ratio reductions, according to the latest Monetary Policy Report posted on the Bank’s website on Thursday. 

The Bank will closely monitor changes in monetary policies of major overseas counterparts and optimize policy in a timely manner based on domestic and international economic and financial conditions, the Report stated. (See:MNI: PBOC To Make Q1 Cut After Stance Shift-Former Officials)

Keep reading...Show less