China Keeps Lending Rate Steady
This is a China news story, published by CNBC, that relates primarily to Donald Trump's news.
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offshore Chinese yuanCNBC
•China's central bank keeps medium-term loan rate unchanged amid yuan weakness
90% Informative
China kept its medium-term lending facility rate unchanged at 2.0% on 900 billion yuan ( $124.26 billion ) worth of one-year loans to some financial institutions.
The yuan has come under pressure following Donald Trump's victory in the U.S. presidential election.
The offshore yuan has lost about 3.3% against the dollar since Sep. 24 when Beijing started the initial round of stimulus announcements.
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