China’s central bank reduces the medium-term interest rate to 3.15% to reduce the impact of the coronavirus
02/17/2020 – 8:15 Updated: 11:35 – 02/17/20 The People's Bank of China (BPC, the country's central bank) today lowered the medium-term interest rate by 0.10 basis points to 3.15%, amid attempts by the country's authorities to reduce the economic impact caused by the epidemic of the new Covid-19 coronavirus. According to the entity, the interest … Read more