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News & Press: Industry News

China’s central bank cuts lending, deposit and reserve ratios

Monday, June 29, 2015  
Posted by: Alisa Allen

China's central bank cut its benchmark lending rates by 25 basis points to 4.85 percent on Saturday, the fourth reduction since November, as it gears up to lower borrowing costs and support a slowing economy.

http://www.cnbc.com/id/102793289


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