China keeps key lending rates steady in bid to shore up yuan as Trump tariffs pressure currency

Lim Hui Jie - CNBC - 21/04
The decision comes amid encouraging first quarter growth figures, with GDP recording a 5.4% rise year-on-year.
The People's Bank of China (PBOC) building in Beijing, China, on Thursday, Dec. 15, 2022. 
Bloomberg | Getty Images

China expectedly kept its loan prime rates unchanged Monday, with the 1-year LPR at 3.1% and the 5-year at 3.6% as the central bank appears to prefer stabilizing the yuan amid trade ...
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