Earlier:
Chinese bank (one of the world’s largest banks) cuts time deposit rates
Agricultural Bank has cut.
Now China Construction Bank also.
ADDED: Bank of Communications cuts
This all follows a cut from the PBOC on Monday:
ForexLive Asia-Pacific FX news wrap: A series of easings from the People’s Bank of China
This article was written by Eamonn Sheridan at www.forexlive.com.
