China keeps benchmark lending rates unchanged for 3rd straight month
Monday, 20 January 2025 ()
China left key lending rates unchanged on Monday for the third straight month as the country seeks to maintain currency stability amid expectations of further monetary easing to support economic growth. The People’s Bank of China (PBOC) maintained the one-year loan prime rate (LPR) at 3.1%, while the five-year mortgage reference rate remained at 3.6%. […]
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