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In China, the PBOC left key interest rates unchanged when setting them in April, in line with market expectations.
The prime rate on 1-year loans, the benchmark for most loans to businesses and households, was kept at 3.45%.
Meanwhile, the 5-year rate is a reference for home loans, it was held at 3.95% after a record reduction of 25 basis points in February.
The decision came after the economy grew more than expected in the first quarter of 2024, while the yuan faced renewed depreciation pressure.
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