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Archive for: February 20th, 2012

Precious Metals Rise, China Lowers Reserve Requirements

China lowers reserve requirements

Gold and silver futures advanced Monday morning alongside financial markets across the globe after China lowered the reserve requirement ratio for its banks by 25 basis points. The move by the People’s Bank of China (PBOC) marked the latest maonetary easing measure designed to help stimulate an economy whose growth has slowed considerably in recent [...]

Feb 20 2012 | Read More »
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