Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
General News China cuts interest rates for the third time since November
The Central Bank of China has reduced it's benchmark interest rate for the third time since November. In a move to support the healthy development of the economy, The People's Bank of China lowered its benchmark lending rate by 25 basis points (bps) to 5.1 per cent, and its one-year benchmark deposit rates by the same amount to 2.25 per cent, adding that the reductions would be effective from May 11.

Read more- China cuts interest rates for the third time since November
Thanks given by:

Possibly Related Threads...
Thread Author Replies Views Last Post
Tongue General News: Technology and After: Time to Reread your ABCs nairrk 0 505 07-28-2017, 07:37 PM
Last Post: nairrk
  General News: Filing Income Tax Returns: Take your time! late penalty is applicable from April 2018 nairrk 0 383 07-13-2017, 01:04 PM
Last Post: nairrk
  General News: Airtel payments bank launched in India; offers 7.25% interest rate... nairrk 0 899 01-12-2017, 06:40 PM
Last Post: nairrk
  General News: Foreign Secy makes unannounced visit to China on NSG issue SRK 0 604 06-20-2016, 07:04 AM
Last Post: SRK
  General News: Taxi aggregator service war intensifies in China SRK 0 415 06-19-2016, 12:46 PM
Last Post: SRK
  General News: Avalanche of IPOs in China sinks Dalal Street Read more at: SRK 0 695 05-09-2015, 09:19 AM
Last Post: SRK
  Justin Bieber is currently in China to perform for his fans, and he decided to spend adithya 0 638 10-01-2013, 03:58 PM
Last Post: adithya
  Breaking News: World’s 1st Data Card with Wi-Fi for 5 at the same time waytobala 6 2,200 08-07-2012, 03:45 PM
Last Post: waytobala
  Made in India, faked in China SRK 1 1,343 01-02-2012, 11:28 PM
Last Post: vinay_kumar
  Help: Karma in the Time of Turbulence Mr.AB 1 1,056 08-26-2011, 11:51 AM
Last Post: Mr.AB

Forum Jump:

Users browsing this thread: 1 Guest(s)