ANKARA: The People's Bank of China on Tuesday kept benchmark lending rates unchanged, in line with market forecast. The one-year loan prime rate (LPR) - the medium-term lending facility used for corporate and household loans - stands at 3.35% while the five-year LPR, the peg for mortgages, remains at 3.85%. In July, China unexpectedly cut major short- and long-term interest rates by 10 basis points, its first such move in almost a year. Source: Anadolu Agency
China holds benchmark lending rates steady as anticipated
News For
RECENT POSTS
Cyprus Meteorology Department Forecasts Fine Weather for Sea Area
November 8, 2026
Transport Minister Launches Campaign to Halve Road Deaths by 2030
November 8, 2026
Transport Minister Launches Campaign to Halve Road Deaths by 2030
November 8, 2026