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KM Financial Solutions | China’s primary money rates mixed, market awaits fresh funds next week
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China’s primary money rates mixed, market awaits fresh funds next week

21 Dec China’s primary money rates mixed, market awaits fresh funds next week

Posted at 07:36h in News by
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SHANGHAI, Dec 22 (Reuters) – China’s short-term money rates
fell this week while a longer-term one rose, as the market for
the latter experienced liquidity stress that is expected to ease
by early next week with fund injections from the Finance
Ministry.
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 2.7577
percent on Friday afternoon, around 16 basis points lower than
the p

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