The People’s Bank of China (PBoC) revealed on Monday that it cut the 1year Loan Prime Rate (LPR) by 10 basis points (bps) from 3.45% to 3.35% and cut the five-year LPR from 3.95% to 3.85%…
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![PBoC cuts 1-year and 5-year Loan Prime Rates by 10 bps](https://theaustralian.info/wp-content/uploads/2024/07/83132-pboc-cuts-1-year-and-5-year-loan-prime-rates-by-10-bps.jpg)
The People’s Bank of China (PBoC) revealed on Monday that it cut the 1year Loan Prime Rate (LPR) by 10 basis points (bps) from 3.45% to 3.35% and cut the five-year LPR from 3.95% to 3.85%…
Read More.