India, June 22 -- China held its benchmark interest rates steady for the thirteenth straight month, as widely expected, on Monday.
The People's Bank of China left its one-year loan prime rate unchanged at 3.0 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was retained at 3.50 percent.
Previously, the bank had reduced its both LPRs by quarter points in October 2024 and 10 basis points each in May 2025.
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