China state lenders lower dollar deposit rates for second time in a month – sources

Capt. John

China’s major state banks have lowered their dollar deposit rates for the second time in a month, seven banking sources with direct knowledge of the matter said, as authorities have stepped up efforts to arrest a slide in the yuan. Interest rates offered by the “Big Five” state-owned lenders on...

https://www.hellenicshippingnews.com/china-state-lenders-lower-dollar-deposit-rates-for-second-time-in-a-month-sources/

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