PBOC authorised NIFC to publish a hold on 20 Aug: 1-year LPR 3.00%, 5-year-plus 3.50%, unchanged from July. Same-morning USD/CNY fix 6.7808 vs 6.7854 previous.
The People’s Bank of China authorised the National Interbank Funding Center to publish a hold of the one-year loan prime rate at 3.00% and the five-year-plus rate at 3.50% on Thursday, 20 August. Both are unchanged from July. Jiemian reprints the official sentence: the quotes stay valid until the next LPR. This is a hold. It is not a cut.
FXStreet carried the same two prints. People’s Finance on Securities Times had 3% and 3.5%, last month the same.
The last LPR cut was May 2025, 10 basis points on both tenors, Jiemian wrote. The seven-day reverse repo, the pricing base, is still 1.4%. That rate has not moved since May 2025 either.
| August | July | Source | |
|---|---|---|---|
| 1-year LPR | 3.00% | 3.00% | PBOC via NIFC, Jiemian |
| 5-year-plus LPR | 3.50% | 3.50% | same |
| 7-day reverse repo | 1.4% | 1.4% | Jiemian |
PBOC set the USD/CNY central rate at 6.7808, versus 6.7854 the previous session and a Reuters estimate of 6.7196, FXStreet wrote. That is the pair-specific stamp. It is not the AUD last on the LPR page.
The quotes hold until the next LPR. Live yuan is on prices. The stamp sits on the economic calendar.
Informational only. Not trading advice, signals, or a guarantee of any market outcome.
Written and fact-checked with AI assistance, reviewed by a human editor before publication.
No comments yet. Be the first to share your view.
MOFCOM: Daicel inherits Polyplastics’ 35.5% anti-dumping duty on copolymer POM from the US, EU, Taiwan and Japan. Daicel HPP Taiwan inherits 3.8%. Old names take the residual 35.5% and 32.6%.
ABS July labour force: employment −15,800 to 14,807,200, unemployment 4.5%. FXStreet consensus was +15K and 4.4%. Factory forecast was +11.7K. They are not averaged. AUD/USD 0.26% lower at 0.7106 on the FXStreet stamp.
Trump posted on Truth Social that the US is launching the most crushing economic operation ever taken against any country, an economic D-Day on Iran. No statute, date, or sanctions list is on the open wires.