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Glad Tidings For Chinese Bond Market As PBOC Cuts Repo Rate

Glad Tidings For Chinese Bond Market As PBOC Cuts Repo Rate

[fa icon="calendar"] November 20, 2019 at 1:09 PM / by Jimmy Zhu

The People's Bank of China (PBOC) recently lowered the seven-day reverse repurchase rate from 2.55% to 2.5%.

In his exclusive CGTN report, Chief Strategist Jimmy Zhu proposes three possible reasons behind the PBOC's decision to implement the rate cut. Read the full article here.

 


Topics: Media Updates, 2019



Author: Jimmy Zhu

Jimmy Zhu