China June LPR is not changed after cutting

China, Benchmark received the expected money to increase the rising money after the measures of increased money, which has not changed credit rates.

The People’s Bank of China, according to A.3.0% and 5 years in LPR, was 3.5% statement Friday, Reuters according to survey calculations.

Chinese authority last month Cut credit rates for the first time From October 10, since the 10 main points, their cushion affects trade tension with Washington. All commercial banks also cut the deposit rates to protect the net interest margin.

LPR, normally, according to the best customers of the banks, the Central Bank provides a request to the Central Bank, the request of the Commercial Bank appointed.

1-year LPR affects corporate and most farm loans in China, serves as a benchmark for 5 years of LPR mortgage prices.

Nomura for the fourth quarter of this year, the percentage reduced forecast for the fourth quarter of this year, reserves reassuring the 50-century assessments for the 50-century point of demand, rated from 15 main points to 10 main points.

The Chinese government is likely to apply the “limited emergency emergency experience” to spread the additional financial incentives in the near future, in the second half of this year in the second half of this year in the second half of this year.

The latest disclosures of Chinese politicians, as well as the current posture and results of China’s monetary policy offer “strong satisfaction”.

Powers have added more interest rates cuts and other money tools and other cash tools, while exploring the alternative avenues to stimulate economic growth, Pang added.

Head of the State Management of the Foreign Currency Zhu Hexin, in the high-level financial forum in Shanghai on Wednesday, China’s ability to reflect the volatility of the Forex market, he said.

PBOC Governor Pan Gongsheng stressed that Beijing’s international use of digital yua and called on the very polarized global currency system.