RSS China maintains LPR as offshore Yuan recovers ahead of key support

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 RSS China maintains LPR as offshore Yuan recovers ahead of key support

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China’s central bank maintained its benchmark lending rates unchanged on Monday. The one-year loan prime rate was steady at 3.1%, while the over-five-year LPR, which influences mortgage rates, remained at 3.6%. The offshore Yuan strengthened notably against the Dollar, continuing to draw support from a a key long-term level. This comes despite market speculation that […]

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