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Possible RRR cut seen giving economy help

The Star LogoThe Star2 mo ago

Possible RRR cut seen giving economy help - The Star

Quick Summary:

BEIJING: China has signalled a likely reduction in the reserve requirement ratio (RRR) for banks to enhance their ability to expand credit for the purpose of supporting economic recovery and stabilising market confidence, experts say.

The country expedited issuances of local government special bonds in October and November.

With the accelerated implementation of infrastructure investment projects, demand for supporting financing will increase.


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Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-28 @ 07:00:00 (2 months ago)

News Timezone: GMT +8:00

Ranking: #674 (out of 3135 stories this day)

News Source URL: thestar.com.my

Language: English

Article Length: 435 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 1986265

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 11 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 5 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

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The story "Possible RRR cut seen giving economy help" has 435 words across 18 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Possible RRR cut seen giving economy help" was covered 2 months ago by The Star, a news publisher based in Malaysia.

How trustworthy is 'The Star' news outlet?

The Star is a fully independent (privately-owned) news outlet established in 1971 that covers mostly economy and business news.

The outlet is headquartered in Malaysia and publishes an average of 11 news stories per day.

It's most recent story was published 5 hours ago.

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  • News ID: #1986265
  • URL: https://beamstart.com/news/possible-rrr-cut-seen-giving-16695964024098

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