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The People's Bank of China is...........>

CHINA PRESS
CHINA PRESS: The People's Bank of China is unlikely to cut banks' reserve
requirement ratios (RRR) or interest rates further this year following an
injection of CNY160 billion today through 7-day reverse repos, the China
Securities Journal said on Monday. It may be difficult to loosen China's money
supply now as it could further weaken the yuan against the dollar, the newspaper
said.

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