China maintains key lending rates
MG News | November 20, 2024 at 10:33 AM GMT+05:00
November 20, 2024 (MLN): The People’s Bank of China (PBoC) maintained its key lending rates at the November fixing, in line with market estimates.
The one-year loan prime rate (LPR) was maintained at 3.1%, according to a statement by the PBoC Wednesday.
The five-year rate, a reference for property mortgages, was also held at 3.6%.
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