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PBoC governor: Rates lower, more market-oriented

CGTN, 10 Aug 2020
The People's Bank of China has reduced the reserve requirement ratio three times this year to provide liquidity for the country's financial system. The central bank also has provided 1.8 trillion yuan in refinancing in the face of the COVID-19 pandemic. PBOC Governor Yi Gang discussed those measures and more during a recent interview.

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