Thursday , 21 November 2024
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China cuts 1 and 5 year loan prime rates by 10 basis points each

The People’s Bank of China has cut one- and five-year loan primce rates.

The one-year rate has been cut to 3.35%

  • prior 3.45%

The five-year rate has been cut to 3.85%

  • prior 3.95%

Earlier:

This article was written by Eamonn Sheridan at www.forexlive.com.

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