china to cut interest rates amid growth slowdown
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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China to cut interest rates amid growth slowdown

Arab Today, arab today

Arab Today, arab today China to cut interest rates amid growth slowdown

Shanghai - AFP

China will cut interest rates from Friday, the central bank said, for the first time since 2008 amid growing concerns over a growth slowdown in the world's second largest economy. The People's Bank of China will cut the benchmark one-year lending rate by 0.25 percentage points while the one-year deposit rate will fall by the same amount, according to a statement on its website.

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china to cut interest rates amid growth slowdown china to cut interest rates amid growth slowdown

 



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china to cut interest rates amid growth slowdown china to cut interest rates amid growth slowdown

 



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