China Flash : PBoC's removal of lending rate floor: little immediate impact, but good in the long run for interest rate liberalization
Published on Sunday, July 21, 2013
China Flash : PBoC's removal of lending rate floor: little immediate impact, but good in the long run for interest rate liberalization
Summary
The People’s Bank of China (PBoC) late on Friday announced the removal of the lending rate floor, an important, but by no means final step, toward interest rate liberalization in China.
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BBVA Research
BBVA Research