Thursday, May 26, 2016

China's money rates mostly edge up as month-end pressure rises

SHANGHAI, May 27 (Reuters) - China's primary money rates were mixed on Friday as cyclical

demand for cash rose in the run-up to the month-end measurement period.

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 2.3661

percent, up 1.50 basis points (bps) from the previous day's closing average rate and up slightly

from the previous week's closing average of 2.2684.

The rise is

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