PBOC cuts SLF rate

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 19, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Mumbai) - The People’s Bank of China announced a cut in Standard Lending Facility (SLF) rate in 7-day operations to 3.25%.

    The bank cut interest rates on Oct 23rd for the sixth time in less than a year in a in a bid to jump start growth in its stuttering economy.
    For more information, read our latest forex news.

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