The Traderszone Network

Published in TZ Latest News 19 February, 2016 by The TZ Newswire Staff

PBOC’s Zhou says he has no knowledge of RRR being raised

PBOC gov pouring cold water on earlier rumours
– has no knowledge of some banks having their deposit Reserve Requirement Ratio being raised
MNI quote China Business News story adding that when asked to comment on a media report that the PBOC has imposed higher deposit reserve ratios on banks whose lending growth so far this year has been too high Zhou replied: