【财经】中国人民银行：降低存款准备金率0.5个百分点

China"s central bank, the People"s Bank of China (PBOC), announced on September 27 that it will lower the reserve requirement ratio for financial institutions by 0.5 percentage points, effective immediately. This move does not affect institutions already at the 5% rate, bringing the weighted average deposit reserve ratio to around 6.6%.