KM Financial Solutions | China’s money rates ease after month-end but still up on week
34413
post-template-default,single,single-post,postid-34413,single-format-standard,qode-quick-links-1.0,ajax_fade,page_not_loaded,,qode_grid_1300,footer_responsive_adv,hide_top_bar_on_mobile_header,qode-child-theme-ver-1.0.0,qode-theme-ver-11.2,qode-theme-bridge,wpb-js-composer js-comp-ver-5.2.1,vc_responsive
 

China’s money rates ease after month-end but still up on week

China’s money rates ease after month-end but still up on week

China’s primary money rates
eased on Friday from month-end highs but remained elevated
compared with a week earlier, as the central bank refrained from
injecting fresh funds into money markets for the sixth straight
trading day.
The volume-weighted average rate of the benchmark seven-day
repo traded in the interbank market, considered
the best indicator of general liquidity in China, was 2.5956
percent on Friday afternoon.
That was about 11 basis points (b

No Comments

Sorry, the comment form is closed at this time.