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  • 2 years ago
China leaves lending benchmark rates unchanged expectedly
Transcript
00:00 China has decided to maintain its benchmark lending rates at the monthly fixing in line with market expectations
00:06 The one-year loan prime rate or LPR remains at three point forty five percent and the five-year
00:13 LPR at four point twenty percent the People's Bank of China
00:17 Injected a record amount of fresh funds into the banking system through medium-term lending facilities or MLF
00:25 Analysts believe the central bank may prioritize lowering deposit rates rather than loan prime rates
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