China Leaves Lending Benchmark LPRs Unchanged, as Expected
SHANGHAI, Nov 20 Reuters China left benchmark lending rates unchanged at the monthly fixing on Wednesday, after lenders slashed the rates by higherthanexpected margins last month to revive economic activity. WHY IT39;S IMPORTANT The steady monthly loan prime rate LPR fixings come within market expectations, as recent rate cuts squeeze banks39; profitability and the yuan comes under […]