LPR falls again
Subscribe to keep reading.
Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.
Already a subscriber? Log in.
Speaking of counter-cyclical adjustments…(see previous entry). On Wednesday, the central bank (PBoC) published the monthly one-year and five-year loan prime rates (LPR) for November. The details:
Both rates came in five basis points below their October rates. The one-year LPR is now at 4.15% –...