PBOC leaves Loan Prime Rates unchanged in May
The People’s Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Wednesday. The one-year and five-year LPRs were at 3.00% and 3.50%, respectively.
Market reaction to the PBoC interest rate decision
At the time of writing, the AUD/USD is trading 0.14% lower on the day to trade at 0.7097.
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