International Economic

China banks hold lending rates

By Frank Prenesti

Date: Wednesday 20 Mar 2024

(Sharecast News) - Chinese banks held benchmark lending rates after the country's central bank last week to keep monetary policy unchanged.
The one-year loan prime rate (LPR) was held at 3.45%, in line with forecasts. The five-year rate, used to set mortgage pricing, remained at 3.95%, the People's Bank of China...

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