DUBAI / WAM Dubai Chamber of Digital Economy, one of the three chambers operating under ...
Read More »Yuan rate increases as banks hoard cash
Bloomberg China’s money-market rate jumped by the most in almost three months as injections of funds by the central bank were overwhelmed by quarter-end demand. The 14-day repurchase rate, a gauge of interbank funding availability, climbed 13 basis points to 2.92 percent. in Shanghai, the most since March 31, according to National Interbank Funding Center prices. The benchmark seven-day ...
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