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China cuts bank RRR, lowers interest rate to boost economy

English.news.cn   2015-06-27 17:29:54

BEIJING, June 27 (Xinhua) -- China cut requirement reserve ratio (RRR) for banks in a targeted manner and lowered interest rates to boost the economy, the central bank annouced Saturday.

Editor: Mengjie
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China cuts bank RRR, lowers interest rate to boost economy

English.news.cn 2015-06-27 17:29:54

BEIJING, June 27 (Xinhua) -- China cut requirement reserve ratio (RRR) for banks in a targeted manner and lowered interest rates to boost the economy, the central bank annouced Saturday.

[Editor: huaxia]
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