China maintains key LPR rates at 3.45% and 3.95% to support economic recovery and financial stability.
China's key one-year loan prime rate (LPR) and the over-five-year rate remained unchanged at 3.45% and 3.95% respectively, according to the National Interbank Funding Center. The Chinese central bank's recent decision to maintain monetary policy influenced banks to keep the benchmark lending rates steady. This move aims to support economic recovery and maintain financial stability in China.
April 22, 2024
22 Articles