Alla Kolesnikova

Сolumnist of Finam.ru. Financial Group "Finam" is the leading Russian investment and financial group serving more than 450,000 clients. The company was founded in 1994 in Moscow, and now its regional network has more than 80 offices. FG Finam consists of an investment company, a management company, a bank, an information and analytical agency, as well as a licensed forex dealer and the largest exchange education training center in the Russian Federation.

Indicators

China is lowering its key rate. Will the Central Bank be able to cheer up the economy?

Monday, July 29, 2024

For a long time, Beijing avoided lowering the rate for the sake of the stability of the RMB. However, the threat of deflation forced the Central Bank to begin easing of credit terms.