Tiáozhěng zhǔnbèijīnlǜ shì zhòngyào de huòbì gōngjù.
Adjusting the reserve ratio is an important monetary tool.
Tips
usage
Full form is 存款准备金率 — the fraction of customer deposits banks must hold at the central bank. In China, cutting it is called 降准 (jiàngzhǔn) and is a major market-moving event.
