China cuts benchmark 5-year lending rate for the first time since June ...United Arab Emirates

The five-year benchmark loan rate — the peg for most mortgages — was cut by 25 basis points, according to a statement Tuesday from the People's Bank of China.

Hence then, the article about china cuts benchmark 5 year lending rate for the first time since june was published today ( Tuesday 20/02/2024 - 04:28 AM ) and is available on CNBC ( United Arab Emirates ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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