China’s central bank decreased the rate of the medium-term lending facility by 20 basis points to 2.3%, the first reduction in almost a year. The cut followed the PBOC’s trim of the seven-day reverse repo by 10 basis points on Monday. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
