China's central bank holds interest rates - Breaking The News

China's central bank holds interest rates

20 February

1 min read

EPA/QILAI SHEN

The People's Bank of China (PBoC) decided to keep its key interest rates unchanged in February, maintaining the 1-year loan prime rate at 3.1% and the 5-year rate at 3.6%.

The rates remain unchanged since the last cut in October, when both were lowered by 25 basis points.

monetary policy interest rates pboc

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