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China Keeps Benchmark Rates Unchanged As Expected

Por: RTTNews Business April 20, 2023

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China's central bank maintained its benchmark rates on Thursday, as widely expected, as the logged a strong growth after the unwinding of zero-Covid policy. The People's Bank of China left its one-year loan prime rate, or LPR, unchanged at 3.65 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was retained at 4.30 percent.Earlier, the bank had reduced the five-year LPR rate by 15 basis points each in May and... + full article



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