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KM Financial Solutions | China’s money rates up, but off multi-month highs after c.bank liquidity support
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China’s money rates up, but off multi-month highs after c.bank liquidity support

27 Dec China’s money rates up, but off multi-month highs after c.bank liquidity support

Posted at 07:22h in News by
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Year-end cash demand sent
China’s primary money rates soaring over the week, before
generous central bank liquidity support pulled them back on
Friday.
Strong demand for funds from both financial institutions and
households sent interbank borrowing costs to multi-month highs
earlier in the week.
The volume-weighted average rate of the benchmark 14-day
repo, a gauge of general liquidity in China,
steadily rose through the week to hit a high of 8 percent on

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