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No Near-term China RRR Cuts: Journal Comments

CHINA PRESS
MNI (Sydney)

The PBOC is unlikely to cut banks' reserve requirement ratios in the short term and will maintain liquidity mainly through reverse repos and MLFs, said the China Securities Journal in a front-page commentary. The PBOC would ensure sufficient money to help enterprises resume production and stabilise the recovery, while emphasising moderate liquidity and market entities' direct access to liquidity, the newspaper said.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

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