01:53

China: China's central bank keeps benchmark interest rate at 3.1%

Content Partner Cover Image
Content Partner Profile Image
Uploaded by a Newsflare content partner

Buy video

China - January 20, 2025 The People's Bank of China (PBOC) announced Monday that it will keep its benchmark interest rate at 3.1% for the fourth consecutive month, in line with analysts' expectations of no change. The one-year prime lending rate (LPR) will remain at this level for at least another month, according to the central bank's monthly update. The LPR, introduced in 2019, serves as a benchmark for pricing new loans, especially for corporates, and variable-rate loans still in amortization. Camera: WU HAO. FOOTAGE SHOWS THE BANK OF CHINA AND THE STREETS OF BEIJING, CHINA. [Restrictions: Spain, Latin America, or the U.S. Hispanic market]

Categories

Tags

From the blog

Stories not Stock: 3 Reasons Why You Should Use UGC Instead of Stock Video

Video content is an essential part of a brand’s marketing strategy, and while stock footage has been a reliable go-to in the past, forward-thinking companies are looking to user-generated content for their video needs.

View post
Content Partner Cover Image
Content Partner Profile Image
Uploaded by a Newsflare content partner

Buy video