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China to Manage Liquidity Without RRR Cut: Economist

2016-01-24 08:38:06       source:Global Times

January 23, 2016

 

"By injecting the most cash in three years in open-market operations, China is using various tools to ensure ample liquidity without cutting banks' reserve requirement ratios (RRR), according to a UBS economist.

The People's Bank of China (PBOC), the country's central bank, plans to use a variety of facilities rather than RRR cuts to ensure liquidity and stable short-term rates in the near term, UBS economist Wang Tao said in a research note."

 

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