In policy decisions The Board of Directors recognizes the importance of the trade-off between efficiency by
reducing policy rates further. Compared with the need to maintain the capacity of policy
finance. Are limited to use in the next phase, the Commission considers that the policy
in recent years has helped finance a more relaxed monetary conditions. The exchange rate adjustment in the direction
that is conducive to the recovery of the economy. But the response of commercial banks to ease policy
further and perhaps a little slower in the current situation.
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