RTRS:Copper pares losses after China cuts reserve ratio
LONDON Nov 30 (Reuters) - Copper prices pared losses on Wednesday after China cut its bank reserve requirement ratio by 50 basis points to ease credit strains and shore up activity in the world's second-largest economy.
Benchmark copper on the London Metal Exchange (LME) pared earlier losses to trade at $7,428 by 1116 GMT, down from Tuesday's close of $7,490, but off a session low of $7,289.75 a tonne. (Reporting by Harpreet Bhal; editing by James Jukwey)
