People's Bank of China again keeps discount rate stable

12:24 - 20.04.2023


April 20, Fineko/abc.az. The People's Bank of China has not changed the discount rate on the loan this month.

ABC.AZ reports that previously, the People's Bank of China was expected not to change the discount rate. Thus, the bank kept the discount rate on the loan at 3.65%, without changing it.

The 5-year loan rate has been maintained at 4.30%.

The People's Bank of China has kept the discount rate stable for 8 months.

By Elmir Murad