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KM Financial Solutions | China’s money rates rise at month-end cash demand
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China’s money rates rise at month-end cash demand

29 Nov China’s money rates rise at month-end cash demand

Posted at 07:32h in News by
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China’s primary money rates
rose only marginally this week as month-end cash demand was
somewhat offset by ample liquidity in the financial system.
The People’s Bank of China (PBOC) skipped reverse repos for
the entire month, not making any fresh cash injections or
withdrawals in the past 26 trading days, as liquidity level was
“relatively high” as the government stepped up spending towards
month-end, it said in a statement on Friday.
“Liquidity was quite

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