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China’s benchmark loan rates remain unchanged

Summary by Ground News
The one-year loan prime rate was steady at 3.65%, while the five-year LPR was unchanged at 4.3%. The unchanged rates were expected after the central bank kept key policy rates steady last week. PBOC Gov. Yi Gang said earlier this month he believed the current interest rate level is appropriate.

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MarketWatch broke the news in United States on Monday, March 20, 2023.
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