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China Retains Loan Prime Rates
People's Bank of China keeps one and five-year loan prime rates unchanged in Jan, as expected
The People’s Bank of China ((PBoC)) maintained the 1-year LPR at 3.1% for corporate and most household loans, and the 5-year LPR at 3.6% for mortgages. Both rates are at record lows following rate reductions last year in October and July.
China Retains Loan Prime Rates As Expected
The People's Bank of China maintained its interest rates for the third straight session on Monday as policymakers await the stance of
China Keeps Loan Prime Rates Unchanged
China’s commercial lenders held benchmark lending rates unchanged for the third consecutive month after Beijing eased monetary policy in October to boost slowing domestic demand.
China keeps benchmark lending rates unchanged for 3rd straight month
China left key lending rates unchanged on Monday for the third straight month as the country seeks to maintain currency stability amid expectations of further monetary easing to support economic growth.
1d
on MSN
China to name Zou Lan as central bank deputy governor, sources say
Zou Lan, head of the monetary policy department at the People's Bank of China (PBOC), will be promoted to deputy governor of ...
5h
Chinese yuan surges after Trump goes easy on China in inaugural address
The Chinese currency jumped against the US dollar as trade war worries receded, but some fear the gains may be ‘short-lived’.
2d
China's Gold Market Update: Seasonal Strength In December
The LBMA Gold Price AM in USD fell in December while the Shanghai Gold Benchmark Price PM in RMB rose, supported by a ...
6d
Exclusive: China to cut pay by half for staff at top financial regulators, sources say
China is set to slash pay for staff at its top three financial regulators, including the central bank, by about half, as part ...
8d
China’s Central Bank, Forex Regulators Pledge to Stabilize Yuan
Foreign-exchange regulators reiterated their pledge to defend the yuan, as the Chinese currency comes under renewed pressure ...
10d
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier ...
1d
China's central bank conducts reverse repos Monday
The headquarters of the People's Bank of China in Beijing Photo: IC. China's central bank conducted 123 billion yuan (about ...
13d
on MSN
China is back to hoarding gold ahead of an uncertain time for its economy in Trump's second term
Goldman Sachs predicts gold could reach $3,000 per ounce by the second quarter of 2026 amid strong central bank demand.
17h
HSBC, Standard Chartered, Bocom can now open mainland China accounts for Hongkongers
HSBC, Standard Chartered Bank, and Bank of Communications (Bocom) on Monday started helping Hongkongers open mainland bank ...
1d
China’s central bank, securities regulator, pledge further support for stock buyback and repurchase program
China's central bank and top securities regulator have vowed to ramp up supportive policy tools to shore up the country's ...
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