China leaves lending benchmark LPRs unchanged, as expected

2 hours ago

Less than a minute

2024.11.19 20:23

SHANGHAI (Reuters) – China left benchmark lending rates unchanged at the monthly fixing on Wednesday, in line with market expectations, after lenders slashed the rates by bigger-than-expected margins last month to revive economic activity.

The one-year loan prime rate (LPR) was kept at 3.1%, and the five-year LPR was unchanged at 3.6%.

© Reuters. FILE PHOTO: Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. REUTERS/Jason Lee//File Photo

In a Reuters survey of 28 market participants conducted this week, all respondents expected the rates to stay unchanged.

Most new and outstanding loans in China are based on the one-year LPR, while the five-year rate influences the pricing of mortgages.

2 hours ago

Less than a minute

Bitcoin (BTC) $ 91,793.59 0.55%

Ethereum (ETH) $ 3,089.30 2.14%

Tether (USDT) $ 1.00 0.07%

Solana (SOL) $ 232.54 4.30%

BNB (BNB) $ 609.15 1.45%

XRP (XRP) $ 1.09 3.82%

Dogecoin (DOGE) $ 0.381137 1.83%

USDC (USDC) $ 1.00 0.01%

Lido Staked Ether (STETH) $ 3,086.53 2.22%

Cardano (ADA) $ 0.76458 3.28%

TRON (TRX) $ 0.19707 3.37%

Shiba Inu (SHIB) $ 0.000024 2.14%

Avalanche (AVAX) $ 33.42 4.93%

the-open-network

Toncoin (TON) $ 5.36 5.16%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 91,728.58 0.73%

Wrapped stETH (WSTETH) $ 3,661.68 2.13%

Sui (SUI) $ 3.79 1.92%

WETH (WETH) $ 3,088.74 2.11%

Chainlink (LINK) $ 14.35 5.03%

Bitcoin Cash (BCH) $ 435.46 5.01%

Polkadot (DOT) $ 5.76 3.46%

Pepe (PEPE) $ 0.000019 6.53%

LEO Token (LEO) $ 8.48 8.66%

Stellar (XLM) $ 0.234474 0.22%

NEAR Protocol (NEAR) $ 5.57 6.40%

Litecoin (LTC) $ 85.20 4.29%

Aptos (APT) $ 11.28 5.49%

Wrapped eETH (WEETH) $ 3,251.68 2.17%

Uniswap (UNI) $ 9.03 1.19%

USDS (USDS) $ 1.00 0.41%

crypto-com-chain

Cronos (CRO) $ 0.175304 3.60%

hedera-hashgraph

Hedera (HBAR) $ 0.126084 15.30%

internet-computer

Internet Computer (ICP) $ 9.07 3.58%

Bonk (BONK) $ 0.000057 11.83%

Render (RENDER) $ 7.71 2.02%

Kaspa (KAS) $ 0.156818 10.02%

Ethereum Classic (ETC) $ 25.42 4.24%

MANTRA (OM) $ 3.88 0.42%

Ethena USDe (USDE) $ 1.00 0.05%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.432945 3.20%

Bittensor (TAO) $ 464.83 6.78%

WhiteBIT Coin (WBT) $ 23.75 7.27%

Dai (DAI) $ 1.00 0.04%

Artificial Superintelligence Alliance (FET) $ 1.26 5.58%

dogwifhat (WIF) $ 3.22 7.37%

Monero (XMR) $ 161.23 3.74%

Arbitrum (ARB) $ 0.675546 5.46%

Stacks (STX) $ 1.82 6.13%

OKB (OKB) $ 43.85 0.55%

VeChain (VET) $ 0.032115 2.21%