China's Central Bank Raises Interest Rates
Effective tomorrow, the People's Bank of China will raise its benchmark one-year deposit and lending rates by 25 basis points to 3.5% and 6.56%, respectively. This is the third interest rate increase this year and the fifth since 2010.
Source
People's Bank of China
http://www.pbc.gov.cn/publish/goutongjiaoliu/524/2011/20110706183212152848729/20110706183212152848729_.html
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http://translate.google.com.hk/translate?hl=zh-CN&sl=auto&tl=en&u=http%3A%2F%2Fwww.pbc.gov.cn%2Fpublish%2Fgoutongjiaoliu%2F524%2F2011%2F20110706183212152848729%2F20110706183212152848729_.htmlCN&tl=fr&u=http://www.pbc.gov.cn/publish/goutongjiaoliu/524/2011/20110706183212152848729/20110706183212152848729_.html
Effective tomorrow, the People's Bank of China will raise its benchmark one-year deposit and lending rates by 25 basis points to 3.5% and 6.56%, respectively. This is the third interest rate increase this year and the fifth since 2010.
Source
People\'s Bank of China
Google Translation
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