Seeing the People’s Bank of China (PBOC) announce a 25 basis point cut in their benchmark lending rate, bringing it down from 4.60 to 4.35% and reducing reserve requirement rations by 50 points was definitely a surprise move. That’s the 6th time they have cut rates since November 2014 and I thin
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
BusinessDay
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
