China leaves lending rates unchanged in January as expected
China's central bank on Tuesday left its key lending rates unchanged in January as expected.
The People's Bank of China kept its one-year loan prime rate at 3.0% and the five-year LPR at 3.5% for an eighth straight month, in line with the consensus forecast cited by FXStreet.
The central bank last revised rates in May, when it trimmed the one-year and five-year LPR's by 10 basis points from 3.1% and 3.6%, respectively.
UCapital Asset Management LLP or group companies may have commercial relationships with the companies mentioned. This content is not financial advice.
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