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Economy

China's loan prime rates remain unchanged

1
2020-10-20 10:55:24Xinhua Editor : Zhang Mingxin ECNS App Download

China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.85 percent on Tuesday, unchanged from the previous month.

The over-five-year LPR, on which many lenders base their mortgage rates, also remained unchanged from the previous reading of 4.65 percent, according to the National Interbank Funding Center.

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