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China Keeps Benchmark Lending Rates Unchanged

Por: RTTNews Business December 20, 2023

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China's central bank maintained its benchmark lending rates on Wednesday after the rate on the medium-term lending facility was kept unchanged last week.The People's Bank of China kept the one-year loan prime rate, or LPR, unchanged at 3.45 percent. The bank had previously lowered the one-year rate by 10 basis points in August. New and outstanding loans are based on the one-year LPR. At the same time, the five-year LPR, the benchmark... + full article



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