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China’s PBOC keeps benchmark loan rates unchanged

Por: MarketWatch Business May 22, 2023

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The one-year loan prime rate was kept steady at 3.65% while the five-year LPR was unchanged at 4.3%, the PBOC said. The loan prime rates are calculated monthly based on the interest rates which 18 designated commercial banks charge their best clients. Several analysts expect Beijing to roll out monetary easing in the coming months to support the economy, as the April data for retail sales, factory production and fixed-asset investment were all... + full article



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