The People's Bank of China Announces A Decrease in LPR

The People's Bank of China Announces A Decrease in LPR

HAIAN, CHINA - AUGUST 21, 2023 - A bank employee counts Chinese yuan in Haian, East China's Jiangsu province, Aug 21, 2023. On August 21, 2023, the People's Bank of China authorized the National Interbank Lending Center to announce that the quoted interest rate (LPR) of the loan market on August 21, 2023 was: the 1-year LPR was 3.45%, down 10 basis points from the previous month, and the 5-year LPR was 4.2%, the same as the previous month.

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  • ILEA001628240
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  • 2023/8/21 00:00:00
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