China PBoC Interest Rate Decision meets forecasts (3%)

Aug 20, 2025

PBOC leaves Loan Prime Rates unchanged in August

The People’s Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Wednesday. The one-year and five-year LPRs were at 3.00% and 3.50%, respectively.

PBOC sets USD/CNY reference rate at 7.1384 vs. 7.1359 previous

On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1384 as compared to the previous day's fix of 7.1359 and 7.1897 Reuters estimate.