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China Keeps Key Lending Rates Unchanged

China: China kept on Wednesday its key interest rate for one-year loans (benchmark market-based lending rate) unchanged at 3%, the same as the previous month, according to the China National Interbank Funding Center (NIFC).

According to Qatar News Agency, the center added that the key interest rate for loans over five years, which many lenders rely on to set mortgage rates, also remained unchanged at 3.5%.

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