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At 03:15 (GMT+2) a decision on the base lending rate will be announced in China. Currently, the indicator is calculated by the National Interbank Finance Center (NIFC) and serves as a guide for calculating the lending percentage, based on rates with two repayment terms: one year and over five years. If officials raise the rate from the current 3.45%, this will be a "bullish" factor for the yuan.
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