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Home.forex news reportChina Holds Key Loan Prime Rates As Expected

China Holds Key Loan Prime Rates As Expected

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China’s central bank maintained its key loan prime rates for the tenth straight month, as widely expected.

The People’s Bank of China maintained its one-year loan prime rate at 3.0 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was retained at 3.50 percent.

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