PBOC's Zhou says rates on hold for now

The People's Bank of China will not consider changing the interest rates until August's statistics are released, according to PBOC Governor Zhou Xiaochuan.

Economic experts have been predicting that interest rates will increase on Oct. 1, but this does not represent the viewpoint of the central bank, the Economic Daily quoted Zhou as saying on Tuesday 7 September.

Zhou's remarks were PBOC's latest comment on whether the interest rate would be increased, said the newspaper. Discussion of the iss