PBOC governor says will lower interest rates on structural policy tools by 25 bps ...Middle East

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will lower interest rates on structural policy tools by 25 bpswill guide banks in reducing deposit rates

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PBOC Governor Pan says world is full of uncertainties - cuts ratesPBOC rate cuts: 7-day RR to 1.4% (from 1.5%), LPR 10bp cut also, RRR 50 bp cutPeople's Bank of China sets 7-day reverse repo rate at 1.4% (from 1.5% previously) This article was written by Eamonn Sheridan at www.forexlive.com.

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