• Refine News & Events…
  • Department
  • Commodity (All)
  • Date
  • Archive

Links to previous press releases are below.

News X

Chinese Central Bank Cuts Interest Rates


The People's Bank of China announced on Friday that it will lower the one-year benchmark bank lending rate by 25 basis points to 4.35% from 24 October. The one-year deposit rate is set to fall by the same amount to 1.50% on the same date. This is the sixth such cut since November 2014.