Level 2

China keeps rates unchanged

By Frank Prenesti

Date: Wednesday 20 Nov 2024

(Sharecast News) - China left benchmark lending rates unchanged on Wednesday with no repeat of the surprisingly large cuts brought in last month to boost the faltering economy.


The one-year loan prime rate was kept at 3.1%, and the five-year LPR was unchanged at 3.6%.

Reporting by Frank Prenesti for Sharecast.com

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