China cuts benchmark rate 1st time since pandemic
WORLD ECONOMY

China cuts benchmark rate 1st time since pandemic

China cuts benchmark rate 1st time since pandemic

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Central bank lowers 1-year loan prime rate by 5 bps to 3.8%, keeps 5-year loan prime rate unchanged at 4.65%

  • News Service 20 DECEMBER 2021, 02:23AA
  • China
  • Pandemic
  • Rate
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