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China's one-year loan prime rate drops

2021-12-20 10:24

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BEIJING, Dec. 20 (Xinhua) -- China's one-year loan prime rate (LPR) came in at 3.8 percent Monday, down from 3.85 percent a month earlier, according to the National Interbank Funding Center.

The over-five-year LPR, on which many lenders base their mortgage rates, remained unchanged from the previous reading of 4.65 percent.
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