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China cuts 1-year policy rate, latest step to shore up economic activities

Rate of the one-year medium-term lending facility (MLF) was lowered from 2.5 per cent to 2.3 per cent, according to the People’s Bank of China.

By: scmp.com

Jul 25 2024
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China cuts 1-year policy rate, latest step to shore up economic activities

Rate of the one-year medium-term lending facility (MLF) was lowered from 2.5 per cent to 2.3 per cent, according to the People’s Bank of China.

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