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» Unlabelled » PBOC will change RRR calculation for banks
Monday 14 September 2015

PBOC will change RRR calculation for banks

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Monday 14 September 2015
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Starting Sep 15th the Chinese central bank will change the way it calculates the reserve requirement ratio

The PBOC will now be using averaging to work out the RRR
  • Says new method could release liquidity in some situations
  • Can add liquidity when it lacked
  • Will follow prudent mon pol
  • Reform will not affect current liquidity as it's ample
  • PBOC will guide stable credit growth
More tinkering from the PBOC     

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