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Article: Central bank releases report on boosting the liberalization of interest rate regime.
- Article from:
- China Business News
- Article date:
- February 1, 2005
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Central bank releases report on boosting the liberalization of interest rate regime
Shanghai. February 1. INTERFAX-CHINA-The People's Bank of China, China's central bank, released a report on stably boosting the liberalization of its interest rate regime on its website yesterday.
The report said the central bank would press ahead with reforms to liberalize the interest rate regime in 2005 and advance financial institutions self-development competence and capabilities in asset and liability management and pricing loans rates based on risks.
After freeing interest rates in the inter-bank market and large foreign currency deposits, the central bank ...