News

Central Banking12m

China keeps benchmark lending rates unchanged for third month

The People’s Bank of China said in a statement its one- and five-year loan prime rates (LPRs) would stay at 3% and 3.5% ...
Central Banking29m

RBA office renovation cost quadruples after asbestos surprise

Initially expected to cost around A$260 million (US$168 million), the renovation project is now estimated to require A$1.2 ...