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

China's central bank leaves key rates unchanged

20 September

1 min read

EPA-EFE/MARK R. CRISTINO

The People's Bank of China (PBoC) announced the decision to keep its benchmark interest rates the same during its meeting in September, matching analysts' expectations.

The 1-year and the 5-year Loan Prime Rate (LPR) thus both remained at 3.35% and 3.85%, respectively.

This marked the second consecutive time the PBoC did not change the rate after August. Their value was last modified in July.

inflation interest rate pboc

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