The central bank announced that it would cut interest rates from today.

[Dahe Finance Cube News]On September 27th, the central bank announced that in order to strengthen the countercyclical adjustment of monetary policy and support the stable economic growth, the operating interest rate of 7-day reverse repurchase in the open market will be adjusted from the previous 1.70% to 1.50%. The operating rates of 14-day reverse repurchase and temporary positive and negative repurchase in the open market will continue to be determined by adding and subtracting points on the operating rate of 7-day reverse repurchase in the open market, and the range of adding and subtracting points will remain unchanged.