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The plan by China's central bank to cut the reserve requirement ratio (RRR) nike air max 2019 uk , or the amount of cash that banks must hold in reserve, will not affect policymakers' resolve to reduce financial risks, a State English newspaper quoted an official as saying on Monday.

The senior central bank official cheap nike air max 2019 , who was not identified, told the paper that the planned cut would also not impede policymakers' determination to lower bank leverage ratios.

The paper said RRR cuts had been made before to supplement liquidity during capital outflow surges and falls in foreign exchange reserves, but that was not the case this time as inflows into China have been strong.

"Some financial institutions that have appealed for an easing of monetary policy have felt some liquidity stress during the [anti-leverage] campaign to tame interbank borrowing in order to prevent systemic risks nike air max plus tn uk ," he added.

While China expects the US Dollar Index to strengthen following an interest rate rise, the overall impact on China's foreign exchange policy will be limited, the official noted.

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