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Economic calendar in Asia 20 Sep 2023: People's Bank of China interest rate setting (LPRs)

The Loan Prime Rate settings from the PBOC are the focus of the calendar for the session ahead. This'll happen around 0115 GMT, which is 9.15 pm Eastern Time Sunday US time. Last week the PBOC's Medium-term Lending Facility (MLF) rate was left unchanged:People's Bank of China set MLF rate at 2.5% (expected 2.5%, prior 2.5%)An unchanged MLF rate is strongly suggestive of no change to come for LPRs today. The PBOC's Loan Prime Rate (LPR):Its an interest rate benchmark used in China, set by the Peo... Read More

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Interest

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Setting

lprs

Forex

Posted: Sep 19 2023, 20:02

Author Name: forexlive

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