ABU DHABI / WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan: There is no alternative ...
Read More »Shanghai interbank rate lowest since May even as PBOC pulls cash
Bloomberg Borrowing costs in Shanghai fell to the lowest level since May as funds returned to the banking system following increased demand for quarter-end regulatory needs. The decline comes even amid signs that the central bank is against maintaining excessive liquidity as it looks to limit volatility in money-market rates. Data released over the weekend showed factory-gate deflation eased ...
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