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China's central bank cuts interest rates, bank reserve requirement ratio

(Xinhua)    19:31, August 25, 2015
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BEIJING, Aug. 25 (Xinhua) -- China's central bank announced on Tuesday decisions to cut the benchmark one-year interest rates by 25 basis points to 4.6 percent from Wednesday.

From Sept. 6, it will cut the bank reserve requirement ratio by 50 basis points.

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Editor:Yao Chun,Bianji)

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