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Economics

China's loan prime rates remain unchanged

This was reported by the National Interbank Funding Centre


China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.85 percent Wednesday, unchanged from the previous month.

The over-five-year LPR, on which many lenders base their mortgage rates, also remained unchanged from the previous reading of 4.65 percent, according to the National Interbank Funding Center.

TV BRICS reports with reference to Xinhua News Agency.

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