The People’s Bank of China left its benchmark lending rates unchanged for an 11th straight month in April, in line with expectations, as policymakers prioritize stability amid rising global uncertainty. The one-year loan prime rate was held at 3.0%, while the five-year LPR, a key reference for mortgage lending, stayed at 3.5%. The decision reflects […]The post China Holds LPR Steady for 11th Month, Signals Stability Amid Global Risks appeared first on ActionForex.