In the spring of 2018, China's central bank, People's Bank of China, announced that it would...

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In the spring of 2018, China's central bank, People's Bank of China, announced that it would cut the reserve requirement ratio from 15 percent to 13 percent. This was expected to RMB 1.300 billion of additional quidity thing system. How large was the original monetary base initially? How large was the original monetary base initially? The original monetary base was RMB (Round your response to the nearest whole number) In the spring of 2018, China's central bank, People's Bank of China, announced that it would cut the reserve requirement ratio from 15 percent to 13 percent. This was expected to RMB 1.300 billion of additional quidity thing system. How large was the original monetary base initially? How large was the original monetary base initially? The original monetary base was RMB (Round your response to the nearest whole number)