China to lower RRR for first time in three years
The People's Bank of China, the country's central bank, said on Wednesday that it will lower banks' reserve requirement ratio (RRR) by 50 basis points for the first time in three years.
， Fiscal tools needed to compensate for tightening: Expert
， Reserve ratio for banks decreased
， RRR for 6 rural banks to be adjusted to 16%
， Chinese banks to get liquidity boost
， China to inject $158b into money market
， Domestic liquidity remains tight in China
more
  China's Liquidity Action more  
， Reserve ratio for banks decreased
， China likely to keep prudent monetary policy
， RRR for 6 rural banks to be adjusted to 16%
， China to continue prudent monetary policy
， China to inject $158b into money market
  Global Central Banks' Move more  
， World's central banks act to support global financial system
， Brazilian central bank cuts basic interest rate to 11%
， Central banks aid Europe as crisis intensifies
， Britain's central bank slashes 2011, 2012 growth forecast
， BOJ cuts economic view amid European debt crisis
  Opinion more  
， China's RRR cut takes effect
， RRR cut: China's monetary fine tuning
， Liquidity move provided a relief rally, not a trend
， Central banks' move 'beneficial'
， RRR cut unlikely to revive housing
  Economic Data more  
China's Oct new loans reach 586.8 bln yuan
  Markets Response more  
， China's stocks open mixed Monday as lower RRR becomes effective
， London stock market edges up on 2nd day of central banks' move
， Nikkei jumps 1.93 pct on central banks' moves
， HK stocks surge 5.63 pct as good news piles up
， S. Korean shares rally on central banks' action
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， Global Financial Turmoil
， China's Markets
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