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The PBOC kept the one-year and five-year interest rates unchanged in January, as expected


January 19, 2025 11:34 PM ETFXI, PGJ, EWH, CAF, USD, GXC, TDF, CHIQ, YINN, YANG, CQQQ, MCHI, CXSE, KWEB, ASHR, KBA, CWEB, CHICKEN, USD: CNY, CNY: USDPer: Meghavi Singh, SA news editor

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The People’s Bank of China ((PBoC)) kept the one-year LPR at 3.1% for corporate and most household loans, and the five-year LPR at 3.6% for mortgages.

Both rates are at record lows after rate cuts last year in October and July.



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