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China is likely to cut its benchmark policy rate next month, economists say, after PBOC keeps LPR steady
The People's Bank of China held the 1-year loan prime rate unchanged at 3.1%, and the 5-year LPR at 3.6%. The benchmark lending rates, normally charged to banks' best clients, are calculated ...
PBOC sets USD/CNY reference rate at 7.1741 vs. 7.1733 previous
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1741 as compared ...
In balancing risks and rewards, China set to leave lending rates unchanged in Feb
China is expected to leave its benchmark lending rates unchanged on Thursday, a Reuters poll showed, as authorities walk a fine line between prioritising financial stability and providing more ...
NBC Los Angeles22d
China is likely to cut its benchmark policy rate next month, economists say, after PBOC keeps LPR steady
The LPRs — normally charged to banks' best clients — are calculated monthly based on designated commercial banks' proposed rates submitted to the PBOC. The one-year LPR influences corporate ...
NBC New York22d
China is likely to cut its benchmark policy rate next month, economists say, after PBOC keeps LPR steady
China could cut its main policy rate as soon as next month following the country's annual parliamentary meeting, economists told CNBC, after the country's central bank kept the loan prime rates ...