China’s one-year loan prime rate (LPR), a market-based benchmark lending rate, was 3.35 per cent today, unchanged from the August figure.
The over-five-year LPR was also unchanged from 3.85 per cent earlier.
Renminbi-denominated financial assets are expected to see more foreign capital inflows in the next few months as the US enters an interest rate cut cycle—its first in four years.
The over-five-year LPR was also unchanged from 3.85 per cent earlier.
Renminbi-denominated financial assets are expected to see more foreign capital inflows in the next few months as the US enters an interest rate cut cycle—its first in four years.
