By anas on Saturday, 22 March 2014
Category: Muslim Businesses Blog

China's central bank to focus on deposit rate reform, ease grip on yuan

BEIJING, March 22 (Reuters) - China&aposs central bank will focus on liberalising bank deposit rates over the next two years, while loosening its grip on the yuan currency to give greater influence to market forces, a vice governor of the People&aposs Bank of China said on Saturday."Our priority this year and next year is pushing forward reform of bank deposit rates," Yi Gang told an economic foru
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