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China is likely to cut its benchmark policy rate next month, economists say, after PBOC keeps LPR steadyThe 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 ...
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 ...
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 ...
The Bank of Japan is expected to leave rates unchanged next week. Markets also will focus on the Shunto wage negotiation results, which may impact the timing of the BoJ's next move. On Thursday, ...
However, The Loan Prime Rate (LPR) is China’s benchmark interest rate. Changes to the LPR directly influence the rates that need to be paid in the market for loans and mortgages and the interest ...
The one-year loan prime rate (LPR) was kept at 3.10%, while the five-year LPR was unchanged at 3.60%. In a Reuters poll of 30 market participants conducted this week, all of them expected no ...
The one-year loan prime rate (LPR) was kept at 3.35%, while the five-year LPR was unchanged at 3.85%. In a Reuters survey of 39 market participants conducted this week, 27, or 69%, of all ...
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 ...
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