PBOC set 5- and 1-year LPR rates unchanged, 3.5% and 3.0% respectively. As expected.

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PBOC set 5-year Loan Prime Rate (LPR) at 3.5%3.5% expected, 3.5% prior1-year LPR 3.0% 3.0% expected, 3.0 prior The eighth consecutive month without a change.More info here. Coming up soon:PBOC is expected to set the USD/CNY reference rate at 6.9576 – Reuters estimate This article was written by Eamonn Sheridan at investinglive.com.