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Central Bank Cuts Interest Rates In China

A real estate complex under construction in Huai 'an city, Jiangsu Province, China, June 20, 2023. On the same day, the central bank loan market quotation rate (LPR) was released: the 1-year LPR quotation was lowered by 10 basis points to 3.55%, and the 5-year LPR quotation was lowered by 10 basis points to 4.2%. It has been nine months since August 20 last year, when the five-year LPR fell by 15 basis points. (Photo by Costfoto/NurPhoto)

Photo Details

Photo ID	#10186746
Date Taken	20 June 2023
Location	N/A
Photographer	Costfoto/NurPhoto
Category	Economy, Business and Finance
Copyright	© 2026 NurPhoto - Costfoto/NurPhoto

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