China Moves to Bolster Lending by Easing Banks’ Reserve Ratio
The measure is the latest attempt to fight persistent capital outflows amid expectations that the currency, the renminbi, could weaken further. [Source]
Publication Date:Origin: nytimes.com
Category: Credit and Debt
Topics: further, weaken, could, renminbi, currency, expectations, outflows, capital, persistent, fight, attempt, latest, measure, Ratio, Reserve, Banks’, Easing, Lending, Bolster, Moves, China
