The People's Bank of China (PBOC) said it would cut the reserve requirement ratio (RRR) for banks by 25 basis points (bps), effective from Dec. 5. That follows a 25-bp cut for all banks in April.

China's central bank issued rules on Friday on calculating banks' reserve requirement ratios (RRR) to make the regime more flexible for banks to better manage liquidity.

China has cut the so-called reserve requirement ratio 14 times since 2018, which brought the RRR level from around 15% to 8%, but the RRR cut is still an “effective” way to support the economy ...

In a move to boost the economy amidst various challenges, China's central bank governor Pan Gongsheng said at a press conference in Beijing on Wednesday that the bank will reduce..

China’s central bank may cut the reserve-requirement ratio for major banks as soon as this month in an effort to boost lending and revive momentum for the economic recovery.

MANILA - The Bangko Sentral ng Pilipinas is planning to reduce the reserve requirement ratio (RRR) for banks this year with further cuts anticipated in 2025, according to BSP Gov. Eli Remolona Jr ...

China’s central bank will lower the amount of deposits banks have to set aside, releasing almost $70 billion of liquidity into an economy struggling with its worst Covid-19 outbreak since 2020.