Financial News: China Keeps Loan Prime Rates Unchanged

China Keeps Loan Prime Rates Unchanged

02/24/2026 - 00:10:00 (RTTNews)

(RTTNews) - China left its benchmark lending rates unchanged for the ninth straight session on Tuesday as policymakers focus on currency stability.

The People's Bank of China maintained its one-year loan prime rate at 3.0 percent, as widely expected. Similarly, the five-year LPR, the benchmark for mortgage rates, was retained at 3.50 percent.

Previously, the bank had reduced its both LPRs by quarter points in October 2024 and 10 basis points each in May 2025.

The central bank sets the LPR monthly based on the submissions of 20 designated banks, though Beijing has influence over the fixing. The LPR replaced the traditional benchmark lending rate in August 2019.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Swiss Producer And Import Prices Fall 0.3% (01 hr(s), 06 min(s), 32 sec(s) ago)
(RTTNews) - Switzerland's producer and import prices continued to decline in February, largely ...Full Story»

Singapore Non-oil Domestic Exports Rise 4.0% (02 hr(s), 28 min(s), 32 sec(s) ago)
(RTTNews) - The growth in Singapore's non-oil domestic exports moderated in February amid a fa ...Full Story»

Japan Tertiary Activity Index Climbs 1.7% (02 hr(s), 50 min(s), 32 sec(s) ago)
(RTTNews) - Japan's tertiary activity index rose for the first time in three months in January ...Full Story»

European Economic News Preview: German ZEW Economic Confidence Due (03 hr(s), 18 min(s), 32 sec(s) ago)
(RTTNews) - Economic confidence from Germany and final inflation from Italy are the top economic n ...Full Story»

Australia Raises Key Interest Rate For Second Straight Time (03 hr(s), 30 min(s), 32 sec(s) ago)
(RTTNews) - The Reserve Bank of Australia lifted its benchmark rate for the second straight time a ...Full Story»

Australia Raises Key Rate By 25 Bps (04 hr(s), 46 min(s), 32 sec(s) ago)
(RTTNews) - The Reserve Bank of Australia raised its benchmark rate for the second straight time, ...Full Story»

Australia Rate Decision On Tap For Tuesday (51 min(s), 28 sec(s) ago)
(RTTNews) - The Reserve Bank of Australia will wrap up its monetary policy on Tuesday and then ann ...Full Story»

South Korea Export Prices +10.7% On Year In February (09 min(s), 28 sec(s) ago)
(RTTNews) - Export prices in South Korea were up 10.7 percent on year in February, the Bank of Kor ...Full Story»