China's interest rate adjustments beteen 2008 and 2015
Updated: 2015-03-03 06:59
By Dai Tian(chinadaily.com.cn)
An asymmetric rate cut for the first time as benchmark lending rate was down 31bps to 6 percent, and savings rate down 25bps to 3 percent.
A 25bps rate cut to the benchmark lending and savings rate, which were brought down to 6.31 and 3.25 percent respectively.
A Bank of China Ltd branch in Lanzhou, Gansu province. Photo provided to China Daily