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China’s Loan Prime Rates Remain Unchanged

Doha: China’s one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3% Monday, unchanged from the previous month, according to the National Interbank Funding Center in China.

According to Qatar News Agency, the Center stated that the over-five-year LPR, on which many lenders base their mortgage rates, also remained unchanged from the previous reading of 3.5%.

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