PBoC cuts loan prime rates
The one-year loan prime rate (LPR) was cut from 3.35% to 3.1%, while the five-year LPR was lowered from 3.85% to 3.6%, the People’s Bank of China (PBoC) said in a statement. Most new and outstanding loans in China are based on the one-year LPR, while the five-year rate influences the pricing of mortgages.
The People's bank of China has officially announced a reduction in its policy interest rate by 25 basis points, bringing it down to 3.1 percent. This decision, made public on Monday, comes as market ...
West Texas Intermediate (WTI), futures on NYMEX, bounces back to near $70.00 in Monday’s European session. The Oil price recovers strongly after a big boost from the People’s Bank of China’s (PBoC) ...
Investing.com - The U.S. dollar edged higher Friday, but remained under pressure after the Federal Reserve’s large interest rate cut, while sterling rose strongly after healthy UK retail sales ...
China's one-year loan prime rate (LPR), a market-based benchmark lending ... and is based on rates of the People's Bank of China (PBOC)'s open market operations. On July 22, the central bank ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback