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Beijing, April 20 (QNA) – China kept its benchmark one-year loan prime rate (LPR), a market-based lending rate, unchanged from the previous month at 3 percent on Monday.
According to Xinhua news agency, the National Interbank Funding Center (NIFC) reported the LPR for loans over five years, which many lenders use to determine mortgage rates, also remained unchanged from the previous reading of 3.5 percent. (QNA)
