Frank Prenesti Sharecast News
20 Nov, 2024 07:56

China keeps rates unchanged

China left benchmark lending rates unchanged on Wednesday with no repeat of the surprisingly large cuts brought in last month to boost the faltering economy.

The one-year loan prime rate was kept at 3.1%, and the five-year LPR was unchanged at 3.6%.

Reporting by Frank Prenesti for Sharecast.com

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