Reuters was 11 seconds ahead of the competition with the People’s Bank of China’s surprise decision to leave its benchmark Loan Prime Rate unchanged at its monthly fixing on March 20, defying expectations that it would follow a series of central bank easing moves during the week to cushion the economic blow of the coronavirus pandemic.
Reuters ahead in reporting China unexpectedly keeps lending benchmark rate unchanged
20 March 2020, 12:00 am 1 minute
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Type: Reuters News First
Regions: Asia