China unexpectedly cuts reverse repo rate by most in five years to support virus-hit economy - The Time 2019

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Monday, March 30, 2020

China unexpectedly cuts reverse repo rate by most in five years to support virus-hit economy

China unexpectedly cuts reverse repo rate by most in five years to support virus-hit economy The People#39;s Bank of China (PBOC) said on its website that it was lowering the 7-day reverse repo rate to 2.20% from 2.40%.

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