China remains firm on benchmark LPR for 19th straight month in November

23.11.2021

China stood pat on its benchmark lending rate for the 19th straight month at its November fixing, largely in line with market expectations. The one-year Loan Prime Rate (LPR) was set at 3.85 percent, while the five-year LPR was set at 4.65 percent, official data revealed on Monday. 

The LPR is...