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PBOC raises interest rate on 7-day reverse repo by 5bp

PBOC raises interest rate on 7-day reverse repo by 5bp

Central Banks
Eamonn Sheridan
22/03/2018 | 01:48 GMT

Just a little one from the People's Bank of China

  • Rate to 2.55% from 2.5%

The PBOC were expected to hike rates, at least a bit, following the move from the Federal Reserve. Tiny bump on 7 day reverse repos rates.

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