China China Central Bank key rates

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China INTEREST RATES

Interest rates go down in China

China has lowered its interest rates by 0.1 percentage points, from 3.55% to an annual rate of 3.45%.

The key rates a tool used by Central Banks to implement monetary policy.

A reduction in interest rates counters a weakening of prices, or a possible deflationary situation. It also revitalizes the economy and helps to increase exports.

This change is the first to have taken place since on June20th 2023, when the Central Bank lowered interest rates by 0.1 percentage points to 3.55%.

Here we show you the progression of interest rates in China. You can see interest rates in other countries in interest rates and see all the economic information about China in China economy.

China - Key rates
DateKey rates
08/21/20233.45%
06/20/20233.55%
08/22/20223.65%
01/20/20223.70%
12/20/20213.80%
04/20/20203.85%
02/20/20204.05%
12/30/20194.15%
09/20/20194.20%
08/20/20194.25%
10/23/20154.35%
08/25/20154.60%
06/27/20154.85%
05/10/20155.10%
02/28/20155.35%
11/21/20145.60%
07/06/20126.00%
06/08/20126.31%
07/06/20116.56%
04/06/20116.31%
02/08/20116.06%
12/25/20105.81%
10/19/20105.56%
12/27/20085.58%
12/22/20085.31%
10/30/20086.66%
10/09/20086.93%
09/15/20087.20%
12/21/20077.47%
09/14/20077.29%
08/21/20077.02%
China - Key rates