Chinese banks hold lending rates as yuan weakness looms

April 20, 2022 11:10 AM

BEIJING (BLOOMBERG) – Chinese banks maintained their lending rates for a third month, with the central bank’s cautious easing measures doing little to drive down borrowing costs in the economy in the face of a weaker yuan.

Source : https://www.straitstimes.com/business/economy/chinese-banks-hold-lending-rates-as-yuan-weakness-looms