PBOC cuts RRR by 25 bps, effective from Dec 5

The People’s Bank of China (PBOC) cuts banks’ Reserve Requirement Ratio (RRR) by 25 basis points (bps) The Chinese central bank said the bank’s Reserv
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NZD/USD refreshes daily low, retreats further below mid-0.6200s amid modest USD uptick

The NZD/USD pair comes under some selling pressure on Friday and reverses the previous day's positive move to the 0.6300 neighbourhood, or its highest
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