URGENT-China's stock index futures set to open down after reserve requirement cut

April 20, 2015 1:15 AM

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SHANGHAI, April 20 (Reuters) - China's stock index futures open are set to open lower on Monday after the central bank cut banks' reserve requirement ratios (RRR) by one percentage point over the weekend.

For May delivery, the CSI300 Index Futures were down 0.47 percent, the CSI500 Index Futures was down 0.58 percent and the SSE50 Index Futures was down 0.82 percent.

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