BTCBTC
💲103917.57
+
0.63%
ETHETH
💲2365.07
+
3.6%
BNBBNB
💲662.61
+
5.04%
SOLSOL
💲171.90
+
4.37%
SUISUI
💲3.97
-
0.75%
XRPXRP
💲2.39
+
3.02%

The central bank announces interest rate cuts and reserve requirement ratio cuts

PANews
PANews|May 07, 2025 01:11
Pan Gongsheng, President of the People's Bank of China, announced at the press conference of the State Council Information Office on May 7 that he would cut the reserve ratio by 0.5 percentage points and the policy interest rate by 0.1 percentage points.
+4
Mentioned
Share To

Timeline

May 07, 03:57【The People's Bank of China decides to cut the lending rate】
May 07, 01:17【The People's Bank of China reduced the reserve requirement by 0.5 percentage point】
May 07, 01:09【The People's Bank of China cut the deposit reserve ratio and interest rate】
Apr 17, 13:23【The European Central Bank continues to cut tariffs】
Apr 11, 18:16【China claims digital currency boom】
Apr 11, 12:30【Rumors about establishing a digital RMB bank and recruiting digital RMB promoters】
Apr 11, 12:00【Rumors about digital RMB banks and promoters】
Apr 10, 19:19【The shift towards Chinese cryptocurrency is not an overnight success】
Apr 09, 17:50【The People's Bank of China adjusts the RMB exchange rate】
Apr 08, 11:57【Tariff negotiations and market reactions】

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads