China keeps 1-yr loan prime rate unchanged at 3.35%
5-yr rate unchanged at 3.85% (Il Sole 24 Ore Radiocor) - Beijing, 20 Aug - The People's Bank of China said that the one-year loan prime rate (LPR) was left unchanged at 3.35% and the five-year LPR was kept steady at 3.85%.
The LPRs are calculated monthly based on the interest rates that 18 designated commercial banks charge their best clients.
The LPRs were both lowered by 0.10 percentage points in July.
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(RADIOCOR) 20-08-24 07:59:04 (0092) 5 NNNN