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BEIJING -- China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3 percent on Friday, unchanged from the previous month. The over-five-year LPR, on which many ...
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BEIJING -- China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3 percent on Friday, unchanged from the previous month. The over-five-year LPR ...
Under the authorization of the People’s Bank of China (PBOC), the National Interbank Funding Center (NIFC) announced the Loan Prime Rate (LPR) on June 20, 2025 as follows: the one-year LPR is 3.0% and ...
Last month, Chinese authorities cut the lending rates for the first time in seven months by 10 basis points as the People’s Bank of China trimmed the 1-year loan prime rate to 3.0% from 3.1%, and the ...
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The PBOC left its one-year loan prime rate (LPR) at 3%, while the five-year LPR, which is used to set mortgage rates, was kept unchanged at 3.5%.
The People’s Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Friday. The one-year and five-year LPRs were at 3.00% and 3.50%, respectively.
China’s central bank left its benchmark lending rates unchanged today (June 20), in line with expectations. The People’s Bank of China said in a statement that its one- and three-year loan prime rates ...
China’s central bank kept its key 1-year and 5-year loan prime rates unchanged, as expected. Australia’s S&P/ASX 200 shed 0.2% to 8,505.50, while South Korea’s Kospi gained 1.5% to 3,021.84.
What’s going on here? China's central bank is holding its loan prime rates steady to stabilize the economy before a potential trade deal with the US. What does this mean? The People's Bank of China ...