
Chinese Mainland LPR Cut by 10bps Sparks Market Optimism
The Chinese mainland cut its one-year and over-five-year LPRs by 10bps to 3.0% and 3.5%, aiming to lower borrowing costs and boost market confidence.
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The Chinese mainland cut its one-year and over-five-year LPRs by 10bps to 3.0% and 3.5%, aiming to lower borrowing costs and boost market confidence.