China Unexpectedly Cuts Reverse Repo Rate To The Lowest On Record

Mar 30th 2020 8:21am EDT

China Unexpectedly Cuts Reverse Repo Rate To The Lowest On Record China’s central bank joined the global easing bandwagon early on Monday when it unexpectedly cut the rate on reverse repurchase agreements by 20 basis points, the largest in nearly five years, as authorities stepped up measures to relieve pressure on an economy ravaged by […]

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