PBoC holds 1-yr and 5-yr LPR steady

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<p>People’s Bank of China announced today that it would maintain one-year loan prime rate at 3.45%, a level unchanged since August last year. Similarly, five-year rate, critical for mortgage financing, remains steady at 4.2%, consistent since its last reduction in June. This decision follows PBoC’s unexpected move last week to keep its medium-term lending facility […]</p>
<p>The post <a href="https://www.actionforex.com/live-comments/536202-pboc-holds-1-yr-and-5-yr-lpr-steady/">PBoC holds 1-yr and 5-yr LPR steady</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>