You are here

RMB under pressure after Beijing cuts rates; more easing expected

China property market and SOEs to gain from lower funding costs but weaker RMB may hit Asian economies

CHINARATES030315.jpg
More monetary easing by Beijing is on the cards, even as it cut interest rates for the second time in just over three months to support a sluggish economy and ward off deflation risks.

Singapore

MORE monetary easing by Beijing is on the cards, even as it cut interest rates for the second time in just over three months to support a sluggish economy and ward off deflation risks (

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom