The people’s Bank of China cut the interest rate by 0.25 percentage points to 4.35%

The people’s Bank of China cut the interest rate by 0.25 percentage points to 4.35%


In turn, the Deposit rate, which establishes the people’s Bank of China, reduced by 0.25 percentage points to 1.5%.

MOSCOW, 23 Oct. The people’s Bank of China on Friday cut the interest rate by 0.25 percentage points to 4.35%, according to the regulator.

Deposit rate cut by 0.25 percentage points to 1.5%.