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The PBoC announced a drop in two key interest rates on Tuesday.
The one-year loan prime rate (LPR) dropped to 3.55%, from 3.65%.
The five-year LPR also fell 10 bps, to 4.2%.
ICYDK: The one-year and five-year LPRs are the benchmark lending rates for corporate and household loans.
They are set mont...