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China leaves lending benchmarks unchanged for 3rd straight month in Nov

21 Tháng Mười Một 2022
China leaves lending benchmarks unchanged for 3rd straight month in Nov © Reuters. FILE PHOTO: The headquarters of the People's Bank of China, the central bank, in Beijing, China, February 3, 2020. REUTERS/Jason Lee

SHANGHAI (Reuters) - China kept its benchmark lending rates unchanged for a third straight month at the monthly fixing on Monday, matching market expectations.

The one-year loan prime rate (LPR) was kept at 3.65%, while the five-year LPR was unchanged at 4.30%.

In a Reuters poll of 22 market watchers conducted last week, all respondents predicted no change to the one-year LPR. However, five participants expected a reduction to the five-year tenor.

Most new and outstanding loans in China are based on the one-year LPR, while the five-year rate influences the pricing of mortgages. China last cut both LPRs in August to boost the economy.

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06-12-2022 05:25:01 (UTC+7)

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 GBP/USD1.2186↑ Sell
 USD/JPY136.73Neutral
 AUD/USD0.6697↑ Sell
 USD/CAD1.3592↑ Sell
 EUR/JPY143.43Neutral
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 Siemens AG135.44↑ Buy
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Cập nhật lúc 18:53:14 05/12/2022
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