Market updates and forecasts

从ForexMart获得最新经济新闻,包括金融市场,中央银行政策宣告,财务指标,和影响这个银行的其他相关新闻的更新.

免责声明:   ForexMart不提供投资建议,所提供的分析不应被解释为对未来结果的承诺。

The Central Bank of China kept the base rate at 3.65% for the eighth month in a row


四月, 20 2023
watermark Economic news

The People's Bank of China has again maintained the base interest rate on loans (LPR) for a period of one year at 3.65% per annum. The rate on five-year loans remained at 4.3% per annum. Thus, the Chinese Central Bank has not changed rates for eight consecutive meetings.


Analysts note that the decision not to change the value of the rate was quite expected, since last week the regulator kept the rate on loans under the medium-term lending program (MLF) at 2.75% per annum. 


MLF is an important credit instrument used by the Chinese Central Bank to provide liquidity to commercial banks, and directly affects its main LPR rate.


The last time the NBK changed the parameters of its monetary policy was in August 2022. Then the rate on annual loans was reduced by 5 basis points, for five–year loans - by 15 bps.


It is worth noting that LPR became a new benchmark in August 2019 after the Chinese Central Bank carried out interest rate reform. From 2020, the NBK requires banks to focus specifically on LPR when determining rates on new loans.


反馈

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
风险提示:
外汇本质上有高度的投机性和复杂性,可能并不适合所有投资者。 外汇交易可能会带来重大的收益或损失。 因此,建议您不要承担无法承受的损失。 在使用ForexMart提供的服务之前,请确认外汇交易相关联的风险。 必要时寻求独立的财务意见。请注意,过去的业绩和预测都不是未来结果的可靠指标。
外汇本质上有高度的投机性和复杂性,可能并不适合所有投资者。 外汇交易可能会带来重大的收益或损失。 因此,建议您不要承担无法承受的损失。 在使用ForexMart提供的服务之前,请确认外汇交易相关联的风险。 必要时寻求独立的财务意见。请注意,过去的业绩和预测都不是未来结果的可靠指标。