China predicted to leave benchmark loan rates unchanged in Sept

China is widely expected to leave lending benchmark rates unchanged at a monthly fixing on Wednesday, as fresh signs of economic stabilisation and a weakening yuan constrained further monetary easing efforts, according to a Reuters  survey.

In a poll of 29 market analysts and traders, all participants predicted the one-year loan prime rate (LPR) would stay unchanged at 3.4 percent, after the central bank kept the medium-term policy rate steady last week, survey showed.

For the five-year tenor, 26, or about 9o percent of all respondents, expected it to remain unchanged at 4.2 percent, while the other three participants forecast a marginal decrease of 5 to 10 basis points.

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