PBOC keeps one-year, five-year LPR unchanged

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PBOC keeps one-year, five-year LPR unchanged
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PBOC keeps one-year, five-year LPR unchanged – by anilpanchal7 PBOC CentralBanks NewsTrading AUDUSD USDCNY

In its monetary policy decision, unveiled early Tuesday, the People’s Bank of China keeps one-year and five-year Loan Prime Rate unchanged at 3.65% and 4.30% respectively.The news failed to impress AUD/USD traders as the Aussie pair extends pulback from the intrday high towards 0.6700 following the PBOC announcements. In doing so, the Aussie pair seems to wait for the Monetary Policy Meeting Minutes from the Reserve Bank of Australia .

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