This is central bank two in the last yearses for the very first time raise again lending rate and rate of rediscount

(Responsibility editor:Li Meng Yi)
The Xinhua news agency Peking gives or gets an electric shock(reporter, Wang Yu, , Wang Pei Wei) a reporter to learn of ° from The People is bank Of China on the 29th on December 29, the central bank decides since the 26th and raise to the financing institution again lending rate, one among those years expect interest rate to promote 0.52 percentage points to 3.85%.At the same time, the central bank still raised rate of rediscount, from 1.8% raise into 2.25%.
According to know, this is central bank two in the last yearses for the very first time raise again lending rate and rate of rediscount.
Then the lending rate means financing institutions like commercial bank,etc to the National Central Bank lend money the National Central Bank carry out of interest rate, the rate of rediscount is the discount note that the National Central Bank holds to the commercial bank to carry on again discount stipulate of interest rate.