China’s state banks told to lower cap on dollar deposit rates

Reuters exclusively reported that in a rare attempt to bolster China’s yuan, a self-regulatory body overseen by the country’s central […] The post China’s state banks told to lower cap on dollar deposit rates appeared first on Reuters News Agency.

China’s state banks told to lower cap on dollar deposit rates

Reuters exclusively reported that in a rare attempt to bolster China’s yuan, a self-regulatory body overseen by the country’s central bank has told major state-owned banks to lower dollar deposit interest rates.

The post China’s state banks told to lower cap on dollar deposit rates appeared first on Reuters News Agency.