News Headline Summary

Analysts at Barclays say they see increasing prospects of a broad RRR cut in Q2, although that is not currently their baseline forecast

Analysis details (23:11)

- This follows China's targeted easing measures where they lowered the reserve ratio for some rural banks, however numerous reports have suggested this is not major from a macro perspective.
- As a guide, back in November 2011, the PBoC lowered the RRR levels for some rural cooperatives and this was then followed by a RRR cut for the whole banking sector in December.

16 Apr 2014 - 23:06 - Forex - Source: BBG

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