July 12, 2021
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4:10Now PlayingJul.11 -- Neeraj Seth, head of Asian credit at BlackRock Inc., discusses the decision of the People’s Bank of China to cut the amount of cash most banks must hold in reserve, and its implications for financial markets. The central bank aims to boost lending and bolster an economic recovery that’s starting to wane. Seth also discusses the outlook for the dollar and Asian currencies on "Bloomberg Markets: China Open."
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