PBOC keeps one-year, five-year LPR rates unchanged – by anilpanchal7 PBOC USDCNY RiskAversion CentralBanks InterestRate
Given the status quo from the Chinese central bank, the latest PBOC LPRs for one-year and five-year are 3.65% and 4.30%.
Following the PBOC inaction, the USD/CNY price remains sidelined near 7.0080, after reversing from the highest levels since December 2022 the previous day.the People´s Bank of China If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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