China's central bank, the People's Bank of China, announced on the 20th that it will keep the loan prime rate (LPR), which is effectively the benchmark interest rate, unchanged at 3.45% for a 1-year term and 3.95% for a 5-year term.

[Breaking] People's Bank of China Holds 'De Facto Benchmark Rate' LPR Steady... 1-Year Maturity at 3.45% View original image



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