From Nomura (note dated August 19):
They say “we believe a 50bp RRR cut is still possible in August”
– PBoC has injected liquidity of RMB110bn via the medium-term lending facility to 14 financial institutions
From Nomura (note dated August 19):
They say “we believe a 50bp RRR cut is still possible in August”
– PBoC has injected liquidity of RMB110bn via the medium-term lending facility to 14 financial institutions