China’s LPR remains unchanged for 19 consecutive months: 3.85% for 1 year and 4.65% for 5 years. Provided by Investing.com
22 November 2021
© Reuters.
Yingwei Financial Investing.com-Monday, market attention
The People’s Bank of China clears the National Interbank Finance Center to announce that on November 22, 2021, the loan market interest rate (LPR) is 3.85% for 1-year LPR, 4.65% for 5-year LPR, and both quotes are the same as last month. It is the LPR that has remained unchanged for 19 consecutive months.
Previously, the People’s Bank of China removed the phrases “resolutely refrain from flooding” and “maintain the currency gate” in the third quarter monetary policy implementation report, and noted that the policy prudent monetary policy the next step should be flexible, precise, reasonable and appropriate. I take the lead, take the lead with stability and strengthen the flexibility of the exchange rate to respond to foreign policy adjustments.
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