TOKYO -- The Chinese central bank on Tuesday kept two benchmark lending rates unchanged for this month, after financing extended by Chinese banks hit their lowest level in roughly a decade and a half.
The People's Bank of China held the one-year loan prime rate at 3.35% and the five-year LPR at 3.85%. The two key interest rates were each cut by 10 basis points in July.
.jpg?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
