SMALL SUM FOREIGN CURRENCY DEPOSIT INTEREST RATE DEPRECIATES
AsiaInfo Services, November, 2001
AsiaInfo Services 11-14-2001 Small Sum Foreign Currency Deposit Interest Rate depreciates CHINA, Nov 14, 2001 (AsiaPort via COMTEX) -- Affected by interest reduction of USA Federal Reserve Bank, China small sum foreign currency deposit interest rate depreciates over again. The People's Bank of China declares at present that State Council has approved the decision that The People's Bank of China will depreciate the small sum foreign currency deposit interest rate from November 12, 2001.
The small sum foreign currency includes USD, HK Yuan, Pound, etc. It's the 9th times for The People's Bank of China to depreciate small sum deposit interest rate in China. It's said that the foreign currency includes USD, HK Yuan, Pound, Euro, Canada Dollar, and Switzerland Franc....
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