Publicada el lunes, 29 de junio de 2015 | Actualizada el domingo, 13 de mayo de 2018
China | PBoC aggressively cut interest rate and RRR to support growth
Resumen
The People’s Bank of China (PBoC) cut its benchmark interest rate by 25bps last Saturday, the fourth time since November 2014 and effective from June 28; at the same time, a targeted cut in the Reserve Requirement Ratio (RRR) was deployed (also effective from June 28) to provide more liquidity to banks focusing on SMEs businesses and the agriculture sector.
Temáticas
- Etiquetas de Temática
- Análisis Regional China
- Análisis Macroeconómico
Documentos y archivos
Autores
JD
Jinyue Dong
BBVA Research - Economista Principal
LX
Le Xia
BBVA Research - Economista Jefe