China PBoC Interest Rate Decision meets expectations (3%)

Jan 20, 2026

PBOC leaves Loan Prime Rates unchanged in January

The People’s Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Tuesday. The one-year and five-year LPRs were at 3.00% and 3.50%, respectively.

NZD/USD weakens below 0.5800 despite Trump’s tariff threats

The NZD/USD pair loses ground to around 0.5790 during the early Asian session on Tuesday, pressured by renewed US Dollar (USD) demand. Nonetheless, the potential downside for the pair might be limited amid the fresh US President Donald Trump trade war.