Pan Gongsheng, governor of the People's Bank of China, said at a press conference on May 7 that after the RRR cut, the average level of the overall deposit reserve ratio will be reduced from 6.6% to 6.2%.
Pan Gongsheng, governor of the People's Bank of China, said at a press conference on May 7 that after the RRR cut, the average level of the overall deposit reserve ratio will be reduced from 6.6% to 6.2%.
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