China leaves benchmark lending rates unchanged in August, matching forecast
Published Wed, Aug 20, 2025 · 02:15 PM
China kept benchmark lending rates in August unchanged for the third consecutive month on Wednesday (Aug 20), in line with market expectations, as authorities signalled they are not in a rush to roll out monetary stimulus despite a string of recent disappointing economic data.
The one-year loan prime rate (LPR) was kept at 3.0 per cent, while the five-year LPR was unchanged at 3.5 per cent.
Most new and outstanding loans in China are based on the one-year LPR, while the five-year rate influences the pricing of mortgages.
In a Reuters survey of 23 market participants conducted this week, all participants predicted no change to either of the two rates. REUTERS
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Originally published by businesstimes.com.sg. Syndicated material does not necessarily reflect the views of Grazia British.
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