People's Bank of China Loan Prime Rate Unchanged At 3.45%
Portfolio Pulse from Benzinga Newsdesk
The People's Bank of China has kept its loan prime rate unchanged at 3.45%.

September 20, 2023 | 4:22 am
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NEUTRAL IMPACT
The People's Bank of China's decision to keep its loan prime rate unchanged at 3.45% may impact the iShares China Large-Cap ETF (FXI).
The decision of the People's Bank of China to keep its loan prime rate unchanged can have an impact on the overall Chinese economy, which in turn can affect the performance of the iShares China Large-Cap ETF (FXI). However, the exact impact is uncertain as it depends on various other factors.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 75