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year loan prime rateCNBC
•89% Informative
China on Friday kept its main benchmark lending rates unchanged at the monthly fixing.
The People's Bank of China (PBOC) said it would keep the one-year loan prime rate ( LPR ) at 3.35% , as well as the five-year LPR .
Market watchers polled by Reuters had expected a trim as Federal Reserve's 50 basis point rate cut had given more room for China to lower its domestic borrowing costs without prompting a sharp decline in yuan .
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