China cbank cuts interest rate on TMLF by 20 basis points
23 Apr China cbank cuts interest rate on TMLF by 20 basis points
Posted at 01:56h
in
News
by KMFSLLP
China’s central bank cut the
interest rate on its targeted medium-term lending facility
(TMLF) on Friday, following similar reductions to borrowing
costs on other liquidity tools in the past few weeks to support
the economy.
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