KONTAN.CO.ID - SHANGHAI/SINGAPORE. China kept benchmark lending rates unchanged at a monthly fixing on Monday, matching market expectations, as a weaker yuan continued to constrain further monetary easing and after the central bank kept its medium-term policy rate steady. The one-year loan prime rate (LPR) was kept at 3.45%, while the five-year LPR was unchanged at 4.20%. Baca Juga: Global Markets-Asia Off to Slow Start, Lot of Easing Already Priced In
China Keeps Lending Benchmark Rates Unchanged, as Expected
KONTAN.CO.ID - SHANGHAI/SINGAPORE. China kept benchmark lending rates unchanged at a monthly fixing on Monday, matching market expectations, as a weaker yuan continued to constrain further monetary easing and after the central bank kept its medium-term policy rate steady. The one-year loan prime rate (LPR) was kept at 3.45%, while the five-year LPR was unchanged at 4.20%. Baca Juga: Global Markets-Asia Off to Slow Start, Lot of Easing Already Priced In