PBoC holds loan prime rate steady

By Michele Maatouk

Date: Tuesday 20 Dec 2022

(Sharecast News) - The People's Bank of China kept its benchmark interest rates on hold for the fourth month in a row on Tuesday, in line with expectations.
The Bank left the one-year loan prime rate at 3.65% and the five-year LPR at 4.3%.

Last week, the PBoC held its medium-term policy rate at 2.75%.

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