20/09/2024 10:45 (UTC)

China keeps its benchmark interest rate at 3.35% for third consecutive month

Beijing (China), Sep 20 (EFE/EPA).- The People's Bank of China (PBOC, central bank) announced on Friday that it will maintain its reference interest rate at 3.35% for the third consecutive month, meeting the expectations of most analysts, although some voices were betting on a reduction, following the wake of the United States.

In the monthly update published on its website, the institution indicated that the one-year reference rate (LPR) for loans will remain at the aforementioned level for at least one month.

CAMERA: JESSICA LEE.

FOOTAGE OF MONEY BANKS IN BEIJING, CHINA.

Metadata

Date: 20/09/2024 10:45 (UTC)
Credit: EFE
Source: EPA
Topic: Economy, business and finance » Macro economics » Central bank
Economy, business and finance » Macro economics
Economy, business and finance
Type: Rough cut
Duration: 81 seconds
Reference: 55014716846
Relevance: Normal