» » China’s Market News: Banks Face Elevated Targeted RRR as Fail in Assessment

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The PBOC has been guiding credit to flow into desirable sectors. When banks failed to meet its standards, they would have to bear higher reserve requirement ratios.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/china_news/2017/02/21/Chinas-Market-News-Banks-Face-Elevated-Targeted-RRR-as-Fail-in-Assessment-.html?DFXfeeds=forex:fundamental:daily_briefing:daily_pieces:china_news
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