Home Business China’s LPR remains unchanged for 19 consecutive months: 3.85% for 1 year and 4.65% for 5 years. Provided by Investing.com

China’s LPR remains unchanged for 19 consecutive months: 3.85% for 1 year and 4.65% for 5 years. Provided by Investing.com

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Yingwei Financial Investing.com-Monday, the market’s attention

The People’s Bank of China authorizes the National Interbank Funding Center to announce that on November 22, 2021, the loan market quoted interest rate (LPR) is 3.85% for 1-year LPR, 4.65% for LPR over 5 years, and both quotations are both The same as last month. This is the LPR that has remained unchanged for 19 consecutive months.

Earlier, the People’s Bank of China deleted the expressions “resolutely refrain from flooding” and “maintain the currency gate” in the third-quarter monetary policy implementation report, and pointed out that the prudent monetary policy in the next stage should be flexible, precise, reasonable and appropriate. I take the lead, take the lead with stability, and strengthen exchange rate flexibility to respond to external policy adjustments.

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(Editor: Chen Han)

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