Central Bank RRR Cut; 4 Major Areas of Impact;

The Central Bank Suddenly Lowers the Reserve Requirement Ratio, 4 Major Aspects Affecting Your Wallet!

On the evening of April 17, the Central Bank decided to lower the reserve requirement ratio for large commercial banks, joint-stock commercial banks, urban commercial banks, non-county rural commercial banks, and foreign banks by 1 percentage point, effective from April 25.