The People’s Bank of China announced on Monday that it maintained the Loan Prime Rate (LPR) unchanged across the time curve.
The Chinese central bank left the one-year and five-year LPR steady at 3.45% and 4.20%, respectively.
Market reaction
At the time of writing, AUD/USD is holding higher ground near 0.6522, adding 0.15% on the day.
Source: https://www.fxstreet.com/news/pboc-leaves-loan-prime-rates-unchanged-as-expected-202311200117