China's central bank left its key interest rates unchanged for the third consecutive month as the economy showed signs of recovery from the unprecedented slump caused by the coronavirus pandemic.
The one-year loan prime rate was retained at 3.85 percent and the five-year loan prime rate was maintained at 4.65 percent.
The bank was expected to retain its rates Monday as the medium lending facility rate was kept unchanged at 2.95 percent earlier this month.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.