China Interest Rate

The People’s Bank of China cut its benchmark one-year lending rate by 25bps to 4.35 percent on October 23rd, 2015. Policymakers also decided to lower reserve requirements for banks. Interest Rate in China averaged 6.35 percent from 1996 until 2015, reaching an all time high of 10.98 percent in June of 1996 and a record low of 4.60 percent in August of 2015. Interest Rate in China is reported by the The People’s Bank of China. In China, interest rates decisions are taken by The Peoples’ Bank of China Monetary Policy Committee. The PBC administers two different benchmark interest rates: one year lending and one year deposit rate. This page provides the latest reported value for – China Interest Rate – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.