The one-year loan prime rate (LPR) was left unchanged at 4.05 per cent from the previous monthly fixing, while the five-year LPR remained at 4.75 per cent. Photo: Reuters

China keeps benchmark loan rate unchanged despite coronavirus

  • The one-year loan prime rate (LPR) was left unchanged at 4.05 per cent, while the five-year LPR remained at 4.75 per cent
  • Almost 72 per cent of respondents to a Reuters survey had expected a reduction in the LPR to aid the coronavirus-hit economy
Topic |   Coronavirus pandemic
The one-year loan prime rate (LPR) was left unchanged at 4.05 per cent from the previous monthly fixing, while the five-year LPR remained at 4.75 per cent. Photo: Reuters
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