ABU DHABI / WAM PureHealth, the largest healthcare group in the Middle East, has announced …
Read More »PBOC steps in to cool money market as rates surge to April high
Bloomberg China’s central bank boosted the supply of cash in the financial system, helping push the benchmark money-market rate down from a three-month high. The People’s Bank of China sold 180 billion yuan ($27 billion) of seven-day reverse-repurchase agreements, which inject funds into the banking system. That’s the biggest single-day offering of the contracts since June 29. This comes …
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