The Reserve Bank of India cut its main short-term lending rate by 50basis points to 7.5% and reduced bank reserve requirements by 1% to 24% of deposits
- India cuts interest rates by 1% The ReserveBank of India cut its key short-term lending rate by 100 basis points to 8.0%, the first time since2004. ...
- Taiwan cuts rates The Taiwan central bank announced an unexpectedly rate cut of of 25 basis points yesterday. It is the fourth rate...
- China backs a new world currency You’ve probably never heard of him but Zhou Xiaochuan is the Governor of the People’s Bank of China, which makes...
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