The People's Bank of China (PBOC) announced Monday that it will keep its benchmark interest rate at 3.1% for the fourth consecutive month, in line with analysts' expectations of no change. The one-year prime lending rate (LPR) will remain at this level for at least another month,

The announcement by the People's Bank of China that it has suspended treasury bond purchases due to the asset's scarcity highlights the limitations of its resources as it confronts an increasingly challenging economic environment.

Beijing contends with a weakening yuan while awaiting policy clues from the incoming Donald Trump’s administration.

China’s commercial lenders held benchmark lending rates unchanged for the third consecutive month after Beijing eased monetary policy in October to boost slowing domestic demand.

China left benchmark lending rates unchanged for a third consecutive month, as expected, as a weakening yuan has limited Beijing's monetary policy easing efforts.

China left key lending rates unchanged on Monday for the third straight month as the country seeks to maintain currency stability amid expectations of further monetary easing to support economic growth.