China keeps key rate unchanged
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English - March 15, 2024 02:47 - 1000 KBBusiness News News Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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15 Mar 2024 - China's central bank, the People’s Bank of China, has opted to keep a key policy rate unchanged amidst a significant decline in property prices across the nation. This decision comes as the latest data reveals a sharp 1.4% drop in monthly house prices, marking the steepest decline seen in the past 13 months.