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Jai Hamid

PBOC holds 1‑year LPR at 3.00% and 5‑year at 3.50% in seventh consecutive decision

On Monday, the People's Bank of China kept the 1‑year loan prime rate at 3.00% and the 5‑year at 3.50%, marking a seventh consecutive meeting without change. November retail and industrial data underwhelmed, and housing indicators fell, while analysts flagged a soft yuan and debated stimulus options.
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