Central Bank RatesChina policy rate in 2008 (5 changes)
Start of year7.47%
End of year5.31%Dec 31, 2008
Net change-216 bp0 hikes, 5 cuts
Average7.173%
Rank by level17 / 38
Changes in 2008
| Date | From | To | Change |
|---|---|---|---|
| Sep 16, 2008 | 7.47% | 7.20% | cut -27 bp |
| Oct 9, 2008 | 7.20% | 6.93% | cut -27 bp |
| Oct 30, 2008 | 6.93% | 6.66% | cut -27 bp |
| Nov 27, 2008 | 6.66% | 5.58% | cut -108 bp |
| Dec 23, 2008 | 5.58% | 5.31% | cut -27 bp |
Compared with other areas at the end of 2008
18%
17.75%
15%
13.75%
13%
11.5%
10.25%
10%
9.5%
9.25%
8.25%
8.25%
7%
6.5%
6.5%
5.5%
5.31%
5%
5%
4.25%
3.75%
3.75%
3.5%
3.25%
3%
3%
2.75%
2.5%
2.5%
2.5%
2.25%
2%
2%
1.5%
0.5%
0.5%
0.125%
0.1%
Year-end rate over time
3%
3%
3.1%
3.45%
3.65%
3.8%
3.85%
4.15%
4.35%
4.35%
4.35%
4.35%
5.6%
6%
6%
6.56%
5.81%
5.31%
5.31%
7.47%
6.12%
5.58%
5.58%
5.31%
5.31%
5.85%
5.85%
2008: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.