China’s short-term money rates fall to two-week low as PBOC injects liquidity

By mayor

February 2, 2021

SHANGHAI (Reuters) – China’s short-term money rates eased to two-week lows on Tuesday as signs of liquidity tension in the interbank money markets started to fade, traders said.

The Shanghai Interbank Offered Rate (SHIBOR) for the one-week tenor, the Chinese yuan equivalent of Libor, fell [READ MORE]

Read more here: OANN

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