Published 1 year ago

China keeps lending benchmarks unchanged in March, as expected

Summary by Ground News

China kept its benchmark lending rates unchanged for the seventh straight month in March. The one-year loan prime rate (LPR) was kept at 3.65 per cent, while the five-year LPR was unchanged at 4.30 per cent. China last cut both LPRs in August to boost the economy.

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Reuters

China keeps lending benchmarks unchanged in March, as expected

China kept its benchmark lending rates unchanged for the seventh straight month in March, as expected, with the economy already benefiting from policy actions taken last week as it recovers from the pandemic.

1 year ago·United Kingdom

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Channel News Asia

China keeps lending benchmarks unchanged in March, as expected

SHANGHAI : China kept its benchmark lending rates unchanged for the seventh straight month in March, as expected, after the central bank surprised markets last week by moving to lower the amount of cash banks must set aside as reserves.Market watchers widely believe the need for more imminent monetary eas

1 year ago·Singapore

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Financial Post

China keeps lending benchmarks unchanged in March, as expected

SHANGHAI -- China kept its benchmark lending rates unchanged for the seventh straight month in March, as expected, with the economy already benefiting from policy actions taken last week as it recovers from the pandemic.

1 year ago·Canada

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Inquirer

China keeps lending benchmarks unchanged in March, as expected

SHANGHAI - China kept its benchmark lending rates unchanged for the seventh straight month in March, as expected, after the central bank surprised markets last week by moving to lower the

1 year ago·Manila, Philippines

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CGTN

China keeps lending benchmark rate unchanged in March

China has kept its market-based benchmark lending rates unchanged for a seventh month in March, the country's central bank announced on Monday.The one-year loan prime rate (LPR), which influences most new and outstanding loans in China, remains at 3.65

1 year ago·Beijing, China

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