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Hong Kong Market closes inch higher

By Business Standard - 8 months ago
People Bank of China (PBOC) left benchmark lending rates unchanged at a monthly fixing on Wednesday, after the central bank kept a key policy rate steady last week amid some signs of improvement in the broad economy. The one-year loan prime rate (LPR) was kept at 3.45%, while the five-year LPR was unchanged at 3.95%.

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