China Intensifies Monetary Policy Adjustments and Boosts Market Confidence  

作　　者：Lily Wang 

机构地区：[1]不详

出　　处：《China's Foreign Trade》2024年第5期26-28,共3页中国对外贸易（英文版）

摘　　要：On September 27,the People's Bank of China (hereinafter referred to as the"central bank") announced that,from September 27,2024,the RRR (required reserve ratio)of financial institutions would be lowered by 0.5 percentage points (excluding those that are subject to an RRR of 5%).The weighted average required reserve ratio for financial institutions is about 6.6% after this cut.At the same time,the central bank also announced that from September27,the interest rate for 7-day reverse repo operations in the open market will be adjusted from1.70%to 1.50%.

关 键 词：MARKET FINANCIAL operations 

分 类 号：F822.0[经济管理—财政学]