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China central bank cuts key interest rate to boost economy

The medium-term lending facility rate — the interest for one-year loans to financial institutions — was cut by 10 basis points to 2.65 percent, the People#39;s Bank of China said in a statement.

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​ The medium-term lending facility rate — the interest for one-year loans to financial institutions — was cut by 10 basis points to 2.65 percent, the People#39;s Bank of China said in a statement. The medium-term lending facility rate — the interest for one-year loans to financial institutions — was cut by 10 basis points to 2.65 percent, the People#39;s Bank of China said in a statement.  Moneycontrol Latest News Read More  

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