PBOC governor Pan says will cut interest rates and RRR at appropriate time ...Middle East

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PBOC governor Pan says will cut interest rates and RRR at appropriate time
Will study, establish new structural policy tools for monetary policyWill resolutely prevent exchange rate overshooting risks

The commentary is also a supportive element to the National People's Congress this week. So, there's that. We also got the same rhetoric yesterday here. For some context, the last cut to the RRR was back in September last year here.

This article was written by Justin Low at www.forexlive.com.

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