The People’s Bank of China (the Chinese Fed) cut it keylending rate by 27 basis points 5.31%. This is the fifth time since September thatChina has cut interest rates.
- China cuts rates….again. China’s central bank cut interest rates by more than a fullpercentage point. The key lending rate was dropped by 1.08%...
- China cuts interest rates Interestrates are falling in China. The one-year deposit rate was cut by 27 basis points 3.87% and the one-year lending...
- Huge interest rate cut by Korea The Bank of Korea slashed interest ratesby 75 basis points, the most ever, in an attempt to restore confidence yesterday. ...
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