China's central bank leaves key rates unchanged - Breaking The News

China's central bank leaves key rates unchanged

21 April

1 min read

EPA-EFE/WU HAO

The People's Bank of China (PBoC) left the benchmark interest rates unchanged on Monday, in accordance with market expectations.

The 1-year Loan Prime Rate (LPR) was kept at 3.1% while the 5-year LPR remained at 3.6%.

PBoC's last policy adjustment came in October last year, when it lowered both rates by 25 basis points.

monetary policy interest rates pboc

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