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China Keeps Lending Rates Unchanged

Por: RTTNews Business January 22, 2024

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China left its benchmark lending rates unchanged on Monday after the central bank maintained its medium-term lending facility rate last week. The People's Bank of China maintained its one-year loan prime rate, or LPR, at 3.45 percent. Likewise, the five-year LPR, the benchmark for mortgage rates, was left unchanged at 4.20 percent.The one-year LPR was last reduced by 10 basis points in August and the five-year LPR was cut by similar 10... + full article



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