People walk past the PBoC building in Beijing. —Bloomberg
SHANGHAI/SINGAPORE: China is widely expected to leave lending benchmark rates unchanged at a monthly fixing on Monday, a Reuters survey showed, after the central bank surprised markets by holding a key policy rate unchanged.
The loan prime rate (LPR) normally charged to banks' best clients is calculated each month after 18 designated commercial banks submit proposed rates to the People's Bank of China (PBOC).
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