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China to cut RRR by 50 basis points

      

      

        
          
          Xinhua |
          Updated: 2019-09-06 17:42
        
        
          
          
          
          
        

      



      

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   Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, Oct 8, 2018. [Photo/IC] 
 
 

 

BEIJING, Sept 6 — China's central bank announced Friday to cut the reserve requirement ratio for financial institutions by 50 basis points from Sept 16 in the latest effort to bolster the economy.

        
      


      
      
    

      

        
        
      

    


        
        

   
      
        

        

        
      


      
      

        
      

        
       
        
      

    
        
        
        
        
      

        
       
        
      

    
        
      
      
    
        
        
        
        

          
        

        
        
        

        
        
        
        
      

        
       
        
      

    
        
        
        


        
        
        


        
        
        


      
  
    


    
      
      
      

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