BREAKING: China PBoC Interest Rate Decision remains at 3.85%
The People’s Bank of China (PBOC) leaves one-year Loan Prime Rate (LPR) unchanged at 3.85% in June while maintaining the five-year LPR at 4.65%.
*Additional details*
~ Injects 40 bln yuan through 7-day reverse repos.
~ Injects 80 bln yuan through 14-day reverse repos.
~ Sets 7-day reverse repo rate at 2.20% vs 2.20% previously.
~ Sets 14-day reverse repo rate at 2.35% vs 2.35% previously.
(kedaitrader.com)
Impact : High
Sentiment : Good For Hang Seng
Ghinie
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