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PBOC rate cuts: 7-day RR to 1.4% (from 1.5%), LPR 10bp cut also, RRR 50 bp cut

PBOC rate cuts: 7-day RR to 1.4% (from 1.5%), LPR 10bp cut also, RRR 50 bp cut

Central Banks
By Eamonn Sheridan
07/05/2025 | 01:16 GMT
  • People's Bank of China Governor Pan announcement

The cut announcement from PBOC Governor Pan have lent a bid to the China proxy trade, AUD/USD above 0.6510, for example.

aud pboc rate cut 07 May 2025 2

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