Although the official ceiling was scrapped in 2015, commercial banks are still constrained by the central bank’s guidelines. Photo: AFP

China’s central bank ‘set to relax’ deposit rate guidelines

Sources suggest reform that would allow interest rates to be liberalised is in the pipeline

Topic |   China economy

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Although the official ceiling was scrapped in 2015, commercial banks are still constrained by the central bank’s guidelines. Photo: AFP
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