China cbank cuts interest rate on TMLF by 20 basis points
China’s central bank cut the
interest rate on its targeted medium-term lending facility
(TMLF) on Friday, following similar reductions to borrowing
costs on other liquidity tools in the past few weeks to support
the economy.
interest rate on its targeted medium-term lending facility
(TMLF) on Friday, following similar reductions to borrowing
costs on other liquidity tools in the past few weeks to support
the economy.
Posted by Reuters
