ABU DHABI/ WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today reviewed ...
Read More »PBOC sees liquidity as ample in sign a rate cut is unlikely
Bloomberg Liquidity in China’s interbank market is more than “reasonably ample,†a senior central bank official said, an indication that further interest rate cuts are unlikely. The 7-day reverse repurchase rate is around 1.6%, lower than the cost of short-term policy loans the People’s Bank of China (PBOC) provides via its daily open market operations, Zou Lan, the head ...
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