Yuan extends rebound after China maintains 1-yr and 5-yr LPR

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<p>As reported by the National Interbank Funding Center today, China’s one-year loan prime rate retains is unchanged 3.45%. Similarly, the over-five-year LPR, a critical determinant of mortgage rates, is also steady at 4.2%. The LPR, derived from the quotations by various banks with adjustments based on the open-market operation rates, serves as a pivotal indicator […]</p>
<p>The post <a href="https://www.actionforex.com/live-comments/528073-yuan-extends-rebound-after-china-maintains-1-yr-and-5-yr-lpr/">Yuan extends rebound after China maintains 1-yr and 5-yr LPR</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>