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China keeps its 1-year loan prime rate unchanged at 3.85%

China keeps its 1-year loan prime rate unchanged at 3.85%, as expected and also keeps its 5-year loan prime rate unchanged at 4.65%, as expected. There has been no market reaction. 

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USD/CNY fix: 6.3952 vs. the estimate of 6.3880

In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.3952 vs. the estimate of 6.3880 and the previous fix of 6.3825 as wel
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China PBoC Interest Rate Decision remains at 3.85%

China PBoC Interest Rate Decision remains at 3.85%
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