China keeps lending benchmark LPR steady for second straight month in January

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China keeps lending benchmark LPR steady for second straight month in January
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China kept its lending benchmark rate steady for the second month in a row on Mo...

FILE PHOTO: Headquarters of the People's Bank of China , the central bank, is pictured in Beijing, China September 28, 2018. REUTERS/Jason Lee

The one-year loan prime rate CNYLPR1Y=CFXS was unchanged at 4.15% from the previous monthly fixing. The five-year LPR CNYLPR5Y=CFXS also remained the same at 4.80%. The mixed views came as the People’s Bank of China injected fresh funds via it medium-term lending facility loans into the banking system last week but left the interest rate unchanged.

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