Liq­uid­ity short­age hits in­ter­bank mart

China Daily (Hong Kong) - - BUSINESS -

The bench­mark overnight Shang­hai In­ter­bank Of­fered Rate, a mea­sure of the cost at which Chi­nese banks lend to one an­other and a key barom­e­ter of liq­uid­ity, rose for the 16 th straight day on Thurs­day. Shi­bor edged up 0.9 ba­sis points to 2.325 per­cent. The Shi­bor for seven-day loans in­creased 0.6 ba­sis points to 2.502 per­cent, a new

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