PBoC Loan Prime Rate
Event Data
| Metric | Value |
|---|---|
| Actual | 3.85% = |
| Previous | 3.85% |
Analysis
PBoC Loan Prime Rate is an important economic indicator for China. This data is closely monitored by traders, investors, and policymakers to assess the health of the economy and make informed decisions. Regular monitoring of such indicators helps market participants anticipate central bank policy changes and economic trends.
Frequently Asked Questions
What is PBoC Loan Prime Rate?
PBoC Loan Prime Rate is an economic indicator released by China that measures important aspects of the economy. This data is closely monitored by traders, investors, and policymakers to gauge economic health and make informed decisions.
Why is this event important?
This event has Medium importance for financial markets. It provides valuable insights into the economic conditions of China.
When was this data released?
This economic data was released on August 7, 2022 at 01:30 UTC. Economic calendars help traders plan around these releases to manage risk and capitalize on market movements.
