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2024 China International Finance Fair in Beijing

BEIJING, CHINA - JULY 19, 2024 - Visitors visit the booth of Cross-border Interbank Payment Clearing Co., LTD at the 2024 China International Finance Fair in Beijing, China, July 19, 2024.

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China Foreign Exchange Trade Center in Shanghai

SHANGHAI, CHINA - JUNE 4, 2024 - China Foreign Exchange Trade Center and National Interbank Lending Center, Shanghai, China, June 4, 2024

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China Foreign Exchange Trade Center in Shanghai

SHANGHAI, CHINA - JUNE 4, 2024 - China Foreign Exchange Trade Center and National Interbank Lending Center, Shanghai, China, June 4, 2024

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Illustration LPR

SHIYAN, CHINA - FEBRUARY 20, 2024 - Illustration LPR, Shiyan City, Hubei Province, China, February 20, 2024. On the same day, the People's Bank of China authorized the National Interbank Lending Center to announce that the LPR for 1 year is 3.45%, and the LPR for more than 5 years is 3.95%. The former was unchanged from the previous period, while the latter was down 25 basis points from the previous period.

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Illustration LPR

SHIYAN, CHINA - FEBRUARY 20, 2024 - Illustration LPR, Shiyan City, Hubei Province, China, February 20, 2024. On the same day, the People's Bank of China authorized the National Interbank Lending Center to announce that the LPR for 1 year is 3.45%, and the LPR for more than 5 years is 3.95%. The former was unchanged from the previous period, while the latter was down 25 basis points from the previous period.

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LPR

FUYANG, CHINA - FEBRUARY 20, 2024 - A citizen counts Chinese Yuan in Fuyang, Anhui province, China, Feb 20, 2024. On the same day, the People's Bank of China authorized the National Interbank Lending Center to announce that the LPR for 1 year is 3.45%, and the LPR for more than 5 years is 3.95%. The former was unchanged from the previous period, while the latter was down 25 basis points from the previous period.

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LPR

FUYANG, CHINA - FEBRUARY 20, 2024 - A citizen counts Chinese Yuan in Fuyang, Anhui province, China, Feb 20, 2024. On the same day, the People's Bank of China authorized the National Interbank Lending Center to announce that the LPR for 1 year is 3.45%, and the LPR for more than 5 years is 3.95%. The former was unchanged from the previous period, while the latter was down 25 basis points from the previous period.

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LPR

FUYANG, CHINA - FEBRUARY 20, 2024 - A citizen counts Chinese Yuan in Fuyang, Anhui province, China, Feb 20, 2024. On the same day, the People's Bank of China authorized the National Interbank Lending Center to announce that the LPR for 1 year is 3.45%, and the LPR for more than 5 years is 3.95%. The former was unchanged from the previous period, while the latter was down 25 basis points from the previous period.

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LPR

FUYANG, CHINA - FEBRUARY 20, 2024 - A citizen counts Chinese Yuan in Fuyang, Anhui province, China, Feb 20, 2024. On the same day, the People's Bank of China authorized the National Interbank Lending Center to announce that the LPR for 1 year is 3.45%, and the LPR for more than 5 years is 3.95%. The former was unchanged from the previous period, while the latter was down 25 basis points from the previous period.

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LPR

FUYANG, CHINA - FEBRUARY 20, 2024 - A citizen counts Chinese Yuan in Fuyang, Anhui province, China, Feb 20, 2024. On the same day, the People's Bank of China authorized the National Interbank Lending Center to announce that the LPR for 1 year is 3.45%, and the LPR for more than 5 years is 3.95%. The former was unchanged from the previous period, while the latter was down 25 basis points from the previous period.

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LPR

FUYANG, CHINA - FEBRUARY 20, 2024 - A citizen counts Chinese Yuan in Fuyang, Anhui province, China, Feb 20, 2024. On the same day, the People's Bank of China authorized the National Interbank Lending Center to announce that the LPR for 1 year is 3.45%, and the LPR for more than 5 years is 3.95%. The former was unchanged from the previous period, while the latter was down 25 basis points from the previous period.

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LPR

FUYANG, CHINA - FEBRUARY 20, 2024 - A citizen counts Chinese Yuan in Fuyang, Anhui province, China, Feb 20, 2024. On the same day, the People's Bank of China authorized the National Interbank Lending Center to announce that the LPR for 1 year is 3.45%, and the LPR for more than 5 years is 3.95%. The former was unchanged from the previous period, while the latter was down 25 basis points from the previous period.

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LPR

FUYANG, CHINA - FEBRUARY 20, 2024 - A citizen counts Chinese Yuan in Fuyang, Anhui province, China, Feb 20, 2024. On the same day, the People's Bank of China authorized the National Interbank Lending Center to announce that the LPR for 1 year is 3.45%, and the LPR for more than 5 years is 3.95%. The former was unchanged from the previous period, while the latter was down 25 basis points from the previous period.

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LPR

FUYANG, CHINA - FEBRUARY 20, 2024 - A citizen counts Chinese Yuan in Fuyang, Anhui province, China, Feb 20, 2024. On the same day, the People's Bank of China authorized the National Interbank Lending Center to announce that the LPR for 1 year is 3.45%, and the LPR for more than 5 years is 3.95%. The former was unchanged from the previous period, while the latter was down 25 basis points from the previous period.

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LPR

FUYANG, CHINA - FEBRUARY 20, 2024 - A citizen counts Chinese Yuan in Fuyang, Anhui province, China, Feb 20, 2024. On the same day, the People's Bank of China authorized the National Interbank Lending Center to announce that the LPR for 1 year is 3.45%, and the LPR for more than 5 years is 3.95%. The former was unchanged from the previous period, while the latter was down 25 basis points from the previous period.

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LPR

FUYANG, CHINA - FEBRUARY 20, 2024 - A citizen counts Chinese Yuan in Fuyang, Anhui province, China, Feb 20, 2024. On the same day, the People's Bank of China authorized the National Interbank Lending Center to announce that the LPR for 1 year is 3.45%, and the LPR for more than 5 years is 3.95%. The former was unchanged from the previous period, while the latter was down 25 basis points from the previous period.

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Bank Personal Loan Center

HAIAN, CHINA - FEBRUARY 20, 2024 - A staff member of a personal loan center of a bank handles personal loans for customers in Haian, East China's Jiangsu province, Feb 20, 2024. On the same day, 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 February 20, 2024 is as follows: the one-year LPR is 3.45%, which remains unchanged; The five-year + LPR was 3.95%, down 25 basis points from the previous month.

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Bank Personal Loan Center

HAIAN, CHINA - FEBRUARY 20, 2024 - A staff member of a personal loan center of a bank handles personal loans for customers in Haian, East China's Jiangsu province, Feb 20, 2024. On the same day, 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 February 20, 2024 is as follows: the one-year LPR is 3.45%, which remains unchanged; The five-year + LPR was 3.95%, down 25 basis points from the previous month.

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Bank Personal Loan Center

HAIAN, CHINA - FEBRUARY 20, 2024 - A staff member of a personal loan center of a bank handles personal loans for customers in Haian, East China's Jiangsu province, Feb 20, 2024. On the same day, 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 February 20, 2024 is as follows: the one-year LPR is 3.45%, which remains unchanged; The five-year + LPR was 3.95%, down 25 basis points from the previous month.

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

HAIAN, CHINA - AUGUST 21, 2023 - A staff member uses a financial calculator at a bank's personal loan center 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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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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The People's Bank of China Announces A Decrease in LPR

HAIAN, CHINA - AUGUST 21, 2023 - A staff member of a bank's personal loan center receives business advice from a customer 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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The People's Bank of China Announces A Decrease in LPR

HAIAN, CHINA - AUGUST 21, 2023 - A staff member of a bank's personal loan center handles personal loans for customers in Haian, 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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Illustration: LPR

SUQIAN, CHINA - JUNE 20, 2023 - Illustration: LPR, Suqian, Jiangsu Province, China, June 20, 2023. On June 20, the People's Bank of China authorized the National Interbank Lending Center to announce that the loan market quote rate (LPR) was: 1-year LPR was 3.55%, compared with 3.65% last month; The LPR over five years was 4.2 per cent, compared with 4.3 per cent last month.

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Illustration: LPR

SUQIAN, CHINA - JUNE 20, 2023 - Illustration: LPR, Suqian, Jiangsu Province, China, June 20, 2023. On June 20, the People's Bank of China authorized the National Interbank Lending Center to announce that the loan market quote rate (LPR) was: 1-year LPR was 3.55%, compared with 3.65% last month; The LPR over five years was 4.2 per cent, compared with 4.3 per cent last month.

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Illustration: LPR

SUQIAN, CHINA - JUNE 20, 2023 - Illustration: LPR, Suqian, Jiangsu Province, China, June 20, 2023. On June 20, the People's Bank of China authorized the National Interbank Lending Center to announce that the loan market quote rate (LPR) was: 1-year LPR was 3.55%, compared with 3.65% last month; The LPR over five years was 4.2 per cent, compared with 4.3 per cent last month.

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Illustration: LPR

SUQIAN, CHINA - JUNE 20, 2023 - Illustration: LPR, Suqian, Jiangsu Province, China, June 20, 2023. On June 20, the People's Bank of China authorized the National Interbank Lending Center to announce that the loan market quote rate (LPR) was: 1-year LPR was 3.55%, compared with 3.65% last month; The LPR over five years was 4.2 per cent, compared with 4.3 per cent last month.

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Illustration: LPR

SUQIAN, CHINA - JUNE 20, 2023 - Illustration: LPR, Suqian, Jiangsu Province, China, June 20, 2023. On June 20, the People's Bank of China authorized the National Interbank Lending Center to announce that the loan market quote rate (LPR) was: 1-year LPR was 3.55%, compared with 3.65% last month; The LPR over five years was 4.2 per cent, compared with 4.3 per cent last month.

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Housing Loans Interest Rate Reduction In China

A staff member of a bank's personal loan center handles personal loans for customers in Haian city, Jiangsu province, China, June 20, 2023. The People's Bank of China authorized the National Interbank Lending Center to announce the latest loan market quotation rate (LPR) : 1-year LPR is 3.55%, and 5-year LPR is 4.2%, both down 10 basis points from the previous month. This is the first "cut" in mortgage rates this year.

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Housing Loans Interest Rate Reduction In China

A bank employee counts Chinese yuan in Haian, Jiangsu province, China, June 20, 2023. The People's Bank of China authorized the National Interbank Lending Center to announce the latest loan market quotation rate (LPR) : 1-year LPR is 3.55%, and 5-year LPR is 4.2%, both down 10 basis points from the previous month. This is the first "cut" in mortgage rates this year.

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Housing Loans Interest Rate Reduction In China

A bank employee counts Chinese yuan in Haian, Jiangsu province, China, June 20, 2023. The People's Bank of China authorized the National Interbank Lending Center to announce the latest loan market quotation rate (LPR) : 1-year LPR is 3.55%, and 5-year LPR is 4.2%, both down 10 basis points from the previous month. This is the first "cut" in mortgage rates this year.

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Housing Loans Interest Rate Reduction In China

A staff member of a bank's personal loan center handles personal loans for customers in Haian city, Jiangsu province, China, June 20, 2023. The People's Bank of China authorized the National Interbank Lending Center to announce the latest loan market quotation rate (LPR) : 1-year LPR is 3.55%, and 5-year LPR is 4.2%, both down 10 basis points from the previous month. This is the first "cut" in mortgage rates this year.

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Housing Loans Interest Rate Reduction In China

A staff member of a bank's personal loan center handles personal loans for customers in Haian city, Jiangsu province, China, June 20, 2023. The People's Bank of China authorized the National Interbank Lending Center to announce the latest loan market quotation rate (LPR) : 1-year LPR is 3.55%, and 5-year LPR is 4.2%, both down 10 basis points from the previous month. This is the first "cut" in mortgage rates this year.

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Housing Loans Interest Rate Reduction In China

A staff member of a bank's personal loan center handles personal loans for customers in Haian city, Jiangsu province, China, June 20, 2023. The People's Bank of China authorized the National Interbank Lending Center to announce the latest loan market quotation rate (LPR) : 1-year LPR is 3.55%, and 5-year LPR is 4.2%, both down 10 basis points from the previous month. This is the first "cut" in mortgage rates this year.

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Housing Loans Interest Rate Reduction In China

A bank employee counts Chinese yuan in Haian, Jiangsu province, China, June 20, 2023. The People's Bank of China authorized the National Interbank Lending Center to announce the latest loan market quotation rate (LPR) : 1-year LPR is 3.55%, and 5-year LPR is 4.2%, both down 10 basis points from the previous month. This is the first "cut" in mortgage rates this year.

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Housing Loans Interest Rate Reduction In China

A bank employee counts Chinese yuan in Haian, Jiangsu province, China, June 20, 2023. The People's Bank of China authorized the National Interbank Lending Center to announce the latest loan market quotation rate (LPR) : 1-year LPR is 3.55%, and 5-year LPR is 4.2%, both down 10 basis points from the previous month. This is the first "cut" in mortgage rates this year.

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Housing Loans Interest Rate Reduction In China

A bank employee counts Chinese yuan in Haian, Jiangsu province, China, June 20, 2023. The People's Bank of China authorized the National Interbank Lending Center to announce the latest loan market quotation rate (LPR) : 1-year LPR is 3.55%, and 5-year LPR is 4.2%, both down 10 basis points from the previous month. This is the first "cut" in mortgage rates this year.

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Housing Loans Interest Rate Reduction In China

A bank employee counts Chinese yuan in Haian, Jiangsu province, China, June 20, 2023. The People's Bank of China authorized the National Interbank Lending Center to announce the latest loan market quotation rate (LPR) : 1-year LPR is 3.55%, and 5-year LPR is 4.2%, both down 10 basis points from the previous month. This is the first "cut" in mortgage rates this year.

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Housing Loans Interest Rate Reduction In China

A bank employee counts Chinese yuan in Haian, Jiangsu province, China, June 20, 2023. The People's Bank of China authorized the National Interbank Lending Center to announce the latest loan market quotation rate (LPR) : 1-year LPR is 3.55%, and 5-year LPR is 4.2%, both down 10 basis points from the previous month. This is the first "cut" in mortgage rates this year.

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Housing Loans Interest Rate Reduction In China

A bank employee counts Chinese yuan in Haian, Jiangsu province, China, June 20, 2023. The People's Bank of China authorized the National Interbank Lending Center to announce the latest loan market quotation rate (LPR) : 1-year LPR is 3.55%, and 5-year LPR is 4.2%, both down 10 basis points from the previous month. This is the first "cut" in mortgage rates this year.

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PAKISTAN-KARACHI-U.S. DOLLAR-BLOW

(230303) -- KARACHI, March 3, 2023 (Xinhua) -- A man shows U.S. dollar banknotes in Karachi, Pakistan, March 2, 2023. Pakistani rupee suffered a big blow against the U.S. dollar as the greenback was traded at a historic low of 285.09 rupees in the interbank market on Thursday, according to the State Bank of Pakistan. (Str/Xinhua)

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U.S. dollars flow into Egypt currency market after Egyptian pound depreciation: bankers

STORY: U.S. dollars flow into Egypt currency market after Egyptian pound depreciation: bankers DATELINE: Jan. 13, 2023 LENGTH: 00:01:03 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. Egypt's central bank 2. U.S. dollars 3. National banks STORYLINE: Bankers said on Thursday that hundreds of millions of dollars have flowed through Egypt's interbank market since the central bank allowed the Egyptian pound to depreciate by 13 percent. According to Reuters, one banker said that more than 800 million U.S. dollars were traded in the interbank market on Wednesday, an amount confirmed by a second banker. Egypt has been suffering a shortage of foreign currency since the war in Ukraine hit tourism revenue, raised commodity import bills and led foreign investors to pull more than 20 billion dollars out of the economy. The Egyptian pound has lost about 51 percent of its value since March. Bankers said there were signs of international institutions pouring money into Egypt ahead of Thursday's auction of local treasur

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Mexico's central bank raises key interest rate for 11th straight time

STORY: Mexico's central bank raises key interest rate for 11th straight time DATELINE: Sept. 30, 2022 LENGTH: 00:01:31 LOCATION: Mexico City CATEGORY: ECONOMY SHOTLIST: 1. various of the central Bank of Mexico 2. various of Mexican commercial banks STORYLINE: The central Bank of Mexico (Banxico) decided on Thursday to raise the key benchmark interest rate for the eleventh straight time, amid fears of further effects from increasing inflation and uncertainty about the local economy. In a statement, the bank detailed that Banxico's five board members unanimously agreed to increase the target for the overnight interbank interest rate by 75 basis points to 9.25 percent. According to Banxico representatives, the balance of risks regarding the course of inflation "continues a considerable upward bias." The bank projected that inflation will close the year at 8.6 percent, higher than the 8.1 percent estimated in August and well above the official target of 3 percent; for 2023, it projected an inflatio

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PAKISTAN-RAWALPINDI-CURRENCY EXCHANGE RATE

(220729) -- RAWALPINDI, July 29, 2022 (Xinhua) -- A currency changer counts U.S. dollar notes in Rawalpindi, Pakistan, on July 29, 2022. Pakistani rupee rebounded in the last trading session of the week on Friday, recording minor gains against the U.S. dollar after extending losses for 10 consecutive sessions in the interbank market, according to the State Bank of Pakistan (SBP). (Xinhua/Ahmad Kamal)

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PAKISTAN-RAWALPINDI-CURRENCY EXCHANGE RATE

(220729) -- RAWALPINDI, July 29, 2022 (Xinhua) -- A currency changer gives U.S. dollar notes to a customer in Rawalpindi, Pakistan, on July 29, 2022. Pakistani rupee rebounded in the last trading session of the week on Friday, recording minor gains against the U.S. dollar after extending losses for 10 consecutive sessions in the interbank market, according to the State Bank of Pakistan (SBP). (Xinhua/Ahmad Kamal)

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PAKISTAN-RAWALPINDI-CURRENCY EXCHANGE RATE

(220729) -- RAWALPINDI, July 29, 2022 (Xinhua) -- A currency changer counts U.S. dollar notes in Rawalpindi, Pakistan, on July 29, 2022. Pakistani rupee rebounded in the last trading session of the week on Friday, recording minor gains against the U.S. dollar after extending losses for 10 consecutive sessions in the interbank market, according to the State Bank of Pakistan (SBP). (Xinhua/Ahmad Kamal)

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PAKISTAN-INFLATION-DAILY LIFE

(220512) -- KARACHI, May 12, 2022 (Xinhua) -- A money changer counts U.S. dollars at a shop in southern Pakistani port city of Karachi on April 7, 2022. Devaluation of the Pakistani rupee against the U.S. dollar continued as the greenback touched a historic high of 190.02 rupees in interbank trading on Wednesday, according to the latest figures from the State Bank of Pakistan (SBP). According to a recently available report of the Pakistan Bureau of Statistics released on May 2, inflation in the country, measured by the Consumer Price Index, was recorded as 13.37 percent in April, the highest in two years. (Str/Xinhua)

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PAKISTAN-INFLATION-DAILY LIFE

(220512) -- KARACHI, May 12, 2022 (Xinhua) -- People buy items at a shop in southern Pakistani port city of Karachi on April 7, 2022. Devaluation of the Pakistani rupee against the U.S. dollar continued as the greenback touched a historic high of 190.02 rupees in interbank trading on Wednesday, according to the latest figures from the State Bank of Pakistan (SBP). According to a recently available report of the Pakistan Bureau of Statistics released on May 2, inflation in the country, measured by the Consumer Price Index, was recorded as 13.37 percent in April, the highest in two years. (Str/Xinhua)

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PAKISTAN-INFLATION-DAILY LIFE

(220512) -- ISLAMABAD, May 12, 2022 (Xinhua) -- People shop at a supermarket in Islamabad, Pakistan on April 7, 2022. Devaluation of the Pakistani rupee against the U.S. dollar continued as the greenback touched a historic high of 190.02 rupees in interbank trading on Wednesday, according to the latest figures from the State Bank of Pakistan (SBP). According to a recently available report of the Pakistan Bureau of Statistics released on May 2, inflation in the country, measured by the Consumer Price Index, was recorded as 13.37 percent in April, the highest in two years. (Photo by Ahmad Kamal/Xinhua)