China cuts banks’ reserve requirement ratio by 0.50 ppt effective Oct 2, cuts banks 1-yr lending rate by 0.25ppt,4. USD/INR extends fall after PBoC cuts interest rates by 0.25 bps.

China cuts banks’ reserve requirement ratio by 0.50 ppt effective Oct 2, cuts banks 1-yr lending rate by 0.25ppt,4. USD/INR extends fall after PBoC cuts interest rates by 0.25 bps.

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