LOGO
LOGO

Asian Economic News

China Keeps Lending Rates Unchanged As Expected

By Renju Jaya   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024 lt

China central bank retained its benchmark lending rates as expected on Monday after the government rolled out measures to support the property market.

The People's Bank of China left the one-year loan prime rate unchanged at 3.45 percent.

Likewise, the five-year LPR, the benchmark for mortgage rates, was maintained at 3.95 percent. The five-year LPR was last lowered by 5 basis points in February to support the property market.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Global Economics Weekly Update -April 05 – April 10, 2026

April 10, 2026 16:21 ET
Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.