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China's central bank cuts one-year LPR
2023-8-22
On August 21, the People’s Bank of China authorized the National Interbank Lending Center to announce the loan prime rate (LPR) on August 21, 2023, as followed. The one-year LPR is 3.45%, the expected 3.40%, and the previous value is 3.55%. And the 5-year LPR is 4.2%, expected 4.05%, previous 4.2%.
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