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Economic calendar in Asia 20 July 2023 - People's Bank of China rate announcement
The focus of the calendar is on the PBOC's Loan Prime Rate Setting. No rate changes are expected. Earlier this week the Medium-term Lending Facility (MLF) rate was left unchanged, this is a guide to what to expect from the LPR setting. People's Bank of China set MLF rate at unchanged 2.65%, as expectedCurrent LPR rates are:3.55% for the one year4.20% for the five yearIf you need, background on the LPRs:It is an interest rate benchmark used in China, set by the People's Bank of China each month...
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Posted: Jul 19 2023, 20:11
Author Name: forexlive
Views: 080989