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The PBOC will be more cautious in.......>

CHINA PRESS
CHINA PRESS: The PBOC will be more cautious in easing the reserve requirement
ratio as it responds to false rumours of an RRR cut, Securities Times has
reported. In a front page commentary, the newspaper says the false information
may trigger speculation in the housing market. This could create additional
deprecation pressure on the yuan exchange rate, the newspaper said.

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