China holds rates for ninth consecutive month

By Frank Prenesti

Date: Monday 22 May 2023

(Sharecast News) - China kept its benchmark lending rates unchanged for the ninth month in a row on Monday, in line with forecasts.


The one-year loan prime rate (LPR) was kept at 3.65% and its five-year LPR was unchanged at 4.30%.

Commercial one and five-year loan prime rates were held fin line with the central bank decision.

Reporting by Frank Prenesti for Sharecast.com

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