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8/20/2021, 3:31 AM (Source: TeleTrader)
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PBoC leaves interest rates unchanged

The People's Bank of China (PBoC) decided on Friday to keep the key interest rates unchanged. The one-year loan prime rate remained at 3.85%, while the five-year rate stayed at 4.65% compared to a month ago.

Both figures were in line with analysts' expectations. The rates have not been changed since March 2020, as the bank acted in order to mitigate the effects of the coronavirus crisis.

Baha Breaking News (BBN) / DJ