Economic calendar in Asia Wednesday, November 20, 2024 - China rate setting day ...Middle East

The PBOC's Loan Prime Rate (LPR) will be set today, both 1- and 5-year. The TL;DR is that no change in rates is expected. Currently the one-year LPR is at 3.1%, while the five-year rate is 3.6%both were cut by 25 basis points last month, the largest reduction since authorities reformed the LPR pricing system in 2019What is LPR?Its an interest rate benchmark used in China, set by the People's Bank of China each month.The LPR serves as a reference rate for banks when they determine the interest rates for (primarily new) loans issued to their customers.Most new and outstanding loans in China are based on the one-year LPR, while the five-year rate influences the pricing of mortgages.Its calculat

Read More Details
Finally We wish PressBee provided you with enough information of ( Economic calendar in Asia Wednesday, November 20, 2024 - China rate setting day )

Also on site :

Global March to Gaza activists report delays, deportations at Cairo Airport
‘She lit up the classroom’: First British victims of Air India plane crash named after 241 killed
What nuclear sites does Iran have and where are they?

Economic calendar in Asia Wednesday, November 20, 2024 - China rate setting day ...Middle East

Strikes on Iran: Will Israel push the Middle East into the abyss?

Man and woman found dead in tent with suspected carbon monoxide poisoning

‘Miss You Already’ Producer Christopher Simon Boards ‘YAMAS!’, Chaotic British Satire About Boozy Family Holiday Gone Wrong

Militarized riot approach sets nation on dangerous course

Mom Captures Moment Son With Autism Pets Dog for First Time in 4 Years

Scientists Just Solved a 14,000-Year-Old Puppy Mystery

Marshall Ramsey: Buffet

‘L.A. Was Not on Fire’: Angelenos Speak on Trump’s ICE Raids and ‘Escalation’

UC Davis top grad aims to revolutionize aging, befriends 95-year-old veteran through service

Revolutionizing Diagnostics: Digital Pathology Market Growth Report .. Reach US$1.73 billion by 2030 at 8.0% CAGR .. The Research Insights

Trump team weighs shutting out Musk’s SpaceX from ‘Golden Dome’ project as fallout from feud lingers

She helped build Disney’s theme park database. Now Sheila Jordan is leading a $38.5 billion Fortune 500 giant’s digital transformation efforts

Dakota Johnson and Chris Evans bring cardboard cutout of co-star Pedro Pascal to ‘Materialists’ Premiere

Small earthquake hits Dacono early Friday morning

College World Series: Schedule, TV info, starters for opening day in Omaha (June 13)