In accordance with the Interest Rates Act, the reference rate for the period 1 July – 31 December 2022 is 0.06%. The penalty interest rate for the same period is thus 7.0% pa.
time:
2022-08-16 13:33:36
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30449
If the Fed's accumulative increase in interest rates amounted to 4 percentage points in two years, not only could the US economy fall into recession, but the world could face a financial and economic crisis.
time:
2022-07-30 15:12:29
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72771
Under the mechanism, banks are encouraged to adjust their deposit rates based on interest rates in the bond and lending markets
time:
2022-05-11 17:40:35
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50119
China has provided more targeted inclusive loans to small and micro businesses with lowered interest rates, the country's top banking regulator said on Mar.2.
time:
2022-03-03 17:36:15
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66809
Mortgage interest rates in some major Chinese cities have seen adjustments following the latest benchmark lending rate cut.