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PBoC Cuts Interest Rates, Reserve Ration To Combat Slowdown

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

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The People Bank of China cut interest rates for the sixth time in less than a year, and it lowered the amount of cash that banks must hold as reserves in an attempt to kick-start growth in its slowing economy. The central bank lowering the one-year benchmark bank lending rate[​IMG]

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