China | PBoC aggressively cut interest rate and RRR to support growth
Publicada el lunes, 29 de junio de 2015 | Actualizada el domingo, 13 de mayo de 2018
China | PBoC aggressively cut interest rate and RRR to support growth
The People’s Bank of China (PBoC) cut its benchmark interest rate by 25bps last Saturday, the fourth time since November 2014 and effective from June 28; at the same time, a targeted cut in the Reserve Requirement Ratio (RRR) was deployed (also effective from June 28) to provide more liquidity to banks focusing on SMEs businesses and the agriculture sector.
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150629_Flash_CHINA_Jun_interest rate and RRR cut Inglés 29 de junio de 2015
Temáticas
- Etiquetas de Temática
- Análisis Regional China
- Análisis Macroeconómico