China Adjusts Reference Interest Rate; One-Day Rate Holds at 1.26%
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ECB Executive Board member Philip Lane delivered remarks on euro liquidity lines and the international monetary system at a CF40-Euro50 luncheon in Shanghai. The speech signals ongoing central bank dialogue on diversifying the global financial architecture beyond the dollar, though no concrete policy changes were announced. The remarks are part of a broader trend of discussions on the euro's international role, with implications for currency markets and reserve diversification.
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