Central Bank: Will lower the deposit reserve ratio by 0.5 percentage points on February 5
On January 24th, the Governor of the People's Bank of China, Pan Gongsheng, announced that the central bank will reduce the reserve requirement ratio for deposits by 0.5 percentage points on February 5th, providing the market with long-term liquidity of about 1 trillion yuan; tomorrow, the interest rates for supporting agriculture and small businesses will be lowered by 0.25 percentage points, and the comprehensive financing cost of society will continue to be stabilized and reduced.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
JENNER Coin Holders Not Backing Down After Case Dismissal
GFO-X Launches UK’s First Regulated Crypto Derivatives
One of GFO-X's greatest strengths is its relationship with LCH DigitalAssetClear, a central clearinghouse.
History rhymes? XRP price gained 400% the last time whale flows flipped
Fed Rate Cut in June? These 3 U.S. Altcoins Could Lead the Next $1B Rally

Trending news
MoreCrypto prices
More








