{"id":48173,"date":"2021-07-09T15:30:29","date_gmt":"2021-07-09T11:30:29","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=48173"},"modified":"2021-07-09T15:30:31","modified_gmt":"2021-07-09T11:30:31","slug":"pboc-cuts-rrr-by-50-bps","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/pboc-cuts-rrr-by-50-bps\/07\/09\/market-updates\/","title":{"rendered":"PBOC Cuts RRR by 50 bps"},"content":{"rendered":"\n<p>In an unexpected move, the People\u2019s Bank of China (PBOC) cut the Reserve Ratio Requirement (RRR) for banks by 50 bps with effect from July 15.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>Weighted average RRR for all financial institutions at 8.9% after the new cut.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>In an unexpected move, the People\u2019s Bank of China (PBOC) cut the Reserve Ratio Requirement (RRR) for banks by 50 bps with effect from July 15. Weighted average RRR for all financial institutions at 8.9% after the new cut.<\/p>\n","protected":false},"author":9,"featured_media":32869,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[7037],"class_list":["post-48173","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-pboc"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=48173"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48173\/revisions"}],"predecessor-version":[{"id":48174,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48173\/revisions\/48174"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32869"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=48173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=48173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=48173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}