Yonhap Infomax NewsThe People’s Bank of China held its key Loan Prime Rate steady for a ninth straight month, keeping the 1-year LPR at 3.0% and the 5-year at 3.5%, in line with market expectations, as the yuan remained stable against the dollar.
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China Holds De Facto Benchmark Rate Steady for Ninth Consecutive Month—1-Year LPR at 3.0%, 5-Year at 3.5% (Update)
The People’s Bank of China held its key Loan Prime Rate steady for a ninth straight month, keeping the 1-year LPR at 3.0% and the 5-year at 3.5%, in line with market expectations, as the yuan remained stable against the dollar.