European Central Bank announced on the evening of July 5, the benchmark interest rate by 0.25 percentage point to 0.75 percent.
 
Drudge has cut interest rates twice in November last year after taking office, to cut interest rates 25 basis points.
 
Prior to China's central bank announced a downward financial institutions RMB benchmark deposit and lending interest rates since July 6, 2012. The one-year benchmark deposit rate cut by 0.25 percentage points year benchmark lending interest rate cut by 0.31 percentage points.



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