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The PBOC has cut rates on its 14 day reverse repo to 2.35% (from 2.55%)

The PBOC has cut rates on its 14 day reverse repo to 2.35% (from 2.55%)

Central Banks
Eamonn Sheridan
18/06/2020 | 01:25 GMT

A rate cut from China - that's a hefty cut from the Bank

Another central bank rate cut. Aimed at supporting economies in the wake of the coronavirus outbreak and containment response.

The impact 'should' be supportive for risk assets.

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