China set to keep lending benchmark LPRs unchanged in April


People walk past the PBOC building in Beijing. —Bloomberg

SHANGHAI: China is widely expected to leave benchmark lending rates unchanged on Monday, a Reuters survey showed, as encouraging first quarter economic data reduces the urgency for further monetary stimulus to aid a fragile recovery.

A weakening yuan also continues to restrict the headroom available for Beijing to easy policy.

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China , PBOC , yuan , loan prime rate , LPR ,

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