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China Cut Rates, NZ Trade Deficit To Narrow

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 26, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    As expected the People's Bank of China further eased its monetary policy as it proceeded with another cut in the 1-year lending rate and the reserve requirement ratio. The first one was trimmed by 25bps to 4.35%, while the ladder was cut by 50bps to 17.50%. The market's initial response[​IMG]

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