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https://www.cnbctv18.com/economy/china-unexpectedly-cuts-rate-by-most-since-2020-as-economic-woes-deepen-17532731.htm
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China unexpectedly cuts rate by most since 2020 as economic woes deepen - CNBCTV18
8/15/23 at 3:22am
Organization
CNBCTV18
Author
Bloomberg
Details
47 words
Summarize
Business & Industrial
Loans
lending facility
The People’s Bank of China lowered the rate on its one-year loans — or medium-term lending facility — by 15 basis points to 2.5 percent on Tuesday, the second reduction since June.
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