1-y Loan Prime Rate

1-Year Loan Prime Rate (LPR) Holds Steady at 3.10% - Implications for the CNY On November 20th, 2024, the People's Bank of China (PBOC) announced the 1-Year Loan Prime Rate (LPR) remained unchanged at 3.10%. This figure met market expectations, with the forecast also sitting at 3.10%

China's 1-Year Loan Prime Rate Holds Steady at 3.10% - What it Means for the CNY Headline: On November 20th, 2024, the People's Bank of China (PBOC) announced the 1-Year Loan Prime Rate (LPR) remained unchanged at 3.10%, matching both the forecast and the previous month's figure. This

1-y Loan Prime Rate (LPR) Holds Steady, Signaling Continued Stability in China's Monetary Policy On October 21, 2024, the People's Bank of China (PBOC) released the latest data for the 1-year Loan Prime Rate (LPR), revealing a slight dip to 3.10%. This figure, while marking a decrease from the