China's central bank cuts interest rates, RRR
The People's Bank of China said on Friday that it will cut the benchmark deposit and loan interest rates by 0.25 percent starting from October 24.
The reserve requirement ratio (RRR) will also be cut by 0.5 percentage point, Xinhua news agency reported.
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Oct 23 2015 | 5:14 PM IST