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KM Financial Solutions | China’s 14-day money rates jump to 4-year high on demand for year-end cash
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China’s 14-day money rates jump to 4-year high on demand for year-end cash

27 Dec China’s 14-day money rates jump to 4-year high on demand for year-end cash

Posted at 03:27h in News by
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SHANGHAI, Dec 28 (Reuters) – China’s central bank has held
back from injecting cash into the money market for five
straight trading days, pushing a key money market rate to its
highest level in four years as financial institutions look for
funds through the year-end.

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