BEIJING, March 20 (Xinhua) — China\’s one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.45 percent Wednesday, unchanged from the previous month.
The over-five-year LP
Tag: LPR
China eases banks\’ reserve requirement to cement economic recovery
BEIJING, Jan. 25 (Xinhua) — China\’s central bank will next month lower the amount of reserve requirement that financial institutions have to set aside, amid efforts to support economic recovery and c
China cuts benchmark lending rate LPR
BEIJING, June 20 (Xinhua) — China on Tuesday cut the market-based benchmark lending rate.
The one-year loan prime rate (LPR) came in at 3.55 percent Tuesday, down from the previous reading of 3.65 pe