CNY 5-y Loan Prime Rate, Nov 20, 2024
China's 5-Year Loan Prime Rate Holds Steady at 3.60%: Implications for the CNY and Global Markets Headline News: On November 20th, 2024, the People's Bank of China (PBOC) announced the 5-Year Loan Prime Rate (LPR) remained unchanged at 3.60%, aligning precisely with market forecasts. This announcement, while seemingly