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ICYMI - China's Industrial Bank cuts yuan deposit rates
Thursday evening news from China:China's Industrial Bank says it'll cut its yuan deposit rates by 10-25 basis points, effective from Friday, 1 September 2023.one-year deposit rate will be cut by 10 bps to 1.75%two-year deposit rate will be cut by 20 bps to 2.00%three- and five-year rates will be cut by 25 bps points to 2.25% and 2.30%, respectively Industrial Bank is a medium-sized bank in China. This article was written by Eamonn Sheridan at www.forexlive.com...
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Posted: Aug 31 2023, 20:39
Author Name: forexlive
Views: 111672