China Holds Loan Prime Rates at 3.0% and 3.5% as Yuan Firms
According to Reuters, China’s central bank left its benchmark loan prime rates unchanged on Feb. 24, 2026, keeping the one-year LPR at 3.0% and the five-year LPR at 3.5% for a ninth straight month. The decision keeps borrowing benchmarks steady while Beijing balances weaker domestic demand against a firmer yuan, which can limit room for broad rate cuts. The next … Read more