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TRENDING/ Gold consumption set to surge | World Bank to consider 27 of 30 G20 proposals | Volkswagen CEO calls for EU to rethink tariffs |
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  • China central bank cuts seven-day reverse repo rate to aid economy

Published 07:26 IST, September 27th 2024

China central bank cuts seven-day reverse repo rate to aid economy

The People's Bank of China said the rate would be lowered by 20 basis points to 1.50 per cent from 1.70 per cent earlier, according to an online statement.

Reported by: Thomson Reuters
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07:26 IST, September 27th 2024