Saturday , January 29 2022

Jiang Chao: After cutting RRR, the currency exchange rate does not go down –

Jiang Chao: After cutting RRR, currency easing plus interest rate does not go down.

Source: Jiang Chao Macro Bond Research. Summary. On January 4, 2019, the central bank announced that the ratio of depository financial institutions was 1 percentage point, of which, on January 15 and January 25, 2019, it fell by 0.5 percentage points. At the same time, 2019 …

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