China's money rates fall after central bank cuts rates, reserves

August 26, 2015 1:42 AM

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SHANGHAI, Aug 26 China's primary money rates fell on Wednesday after an aggressive monetary easing announcement by the central bank on Tuesday evening..

The volume-weighted average rate of the benchmark seven-day repo traded in the interbank market, considered the best indicator of general liquidity in China, was 2.3000 percent, -24.90 basis points from the previous day's closing average rate. The the Shanghai Interbank Offered Rate (SHIBOR) for sam...

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