Sunday, 8 December 2013

China loosens grip on interest rates



China has taken another step loosening its grip on interest rates as it looks to liberalise its financial sector. The central bank has said it will allow banks to trade deposits with each other from Monday, using a financial product called certificates of deposit. via Pocket http://www.bbc.co.uk/news/business-25296000#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa

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