SHARIAH / WAM In a high-level meeting chaired by Sheikha Bodour Al Qasimi, the Board ...
Read More »China money market pain eases as PBOC measures take root
Bloomberg China’s benchmark money-market rate declined the most in two years after the central bank took measures to ease a liquidity crunch. The benchmark seven-day repurchase rate fell 37 basis points to 2.30 percent, according to weighted average prices from the National Interbank Funding Center. The average interbank repo rate surged to a 20-month high in December on a ...
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