Bank of China cuts deposit rates

On July 25th, the Bank of China cut the RMB deposit interest rate on July 25th, of which the demand rate was reduced by 0.05 percentage points; the deposit and withdrawal for 1 year and below was reduced by 0.1 percentage points; and the 2-year and above was reduced by 0.2 percentage points. Zero deposit and withdrawal, zero deposit and withdrawal, and deposit principal interest rates were reduced by 0.1 percentage points. < br > < img src = "https://flash-scdn.jin10.com/10d4047e-dc53-4dd7-9f8e-84cf1dbbea9c.png" referrerpolicy = "no-referrer" >