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PBoC cuts two key lending rates

PBoC cuts two key lending rates
China’s PBoC executed cuts to two of its pivotal lending rates today, marking the first time such adjustments have been made in 10 months since last August. The Chinese central bank opted to reduce one-year loan prime rate by -10 bps, taking it down from 3.65% to 3.55%. Concurrently, it also implemented a -10 bps […] The post PBoC cuts two key lending rates appeared first on Action Forex... Read More
Posted: Jun 20 2023, 03:42
Author Name: actionforex
Views: 102269

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