Central Bank Cuts Interest Rates In China

A real estate complex under construction in Huai 'an city, Jiangsu Province, China, June 20, 2023. On the same day, the central bank loan market quotation rate (LPR) was released: the 1-year LPR quotation was lowered by 10 basis points to 3.55%, and the 5-year LPR quotation was lowered by 10 basis points to 4.2%. It has been nine months since August 20 last year, when the five-year LPR fell by 15 basis points.

• Product Code
• ILEA001450786

• Registered date
• 2023/6/20 00:00:00

• Credit
• CFOTO / Kyodo News Images

• Media source
• CFOTO

• Media size
• 3992 × 2992 pixel

• Resolution
• 300 dpi

• Deployment size
• 1.31(MB)*

• Special instruction
• China Out
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