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Housing Loans Interest Rate Reduction In China

A bank employee is counting Chinese yuan in Haian, Jiangsu province, China, on June 20, 2023. The People's Bank of China has authorized the National Interbank Lending Center to announce the latest loan market quotation rate (LPR): the 1-year LPR is 3.55%, and the 5-year LPR is 4.2%, both down 10 basis points from the previous month. This is the first "cut" in mortgage rates this year. (Photo by Costfoto/NurPhoto)

Photo Details

Photo ID	#10186444
Date Taken	20 June 2023
Location	N/A
Photographer	Costfoto/NurPhoto
Category	Economy, Business and Finance
Copyright	© 2026 NurPhoto - Costfoto/NurPhoto

Related Keywords

China economy NurPhoto Bank employee Chinese yuan Haian Jiangsu province China June 20 2023 People's Bank of China National Interbank Lending Center loan market quotation rate (LPR) 1-year LPR 5-year LPR mortgage rates. Skin Hand Banknote banknote cash text money handling money currency paper paper product

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