Chinese Banks Reduce Benchmark Lending Rate to Boost Economy
Tuesday, 20 February 2024, 05:06
Chinese Banks Slash a Key Lending Rate as Economy Falters
China’s longer-term benchmark lending rate was lowered this month after the central bank held its policy rates steady, according to data released by the People’s Bank of China.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.