China money rates hit 21-month high on holiday demand, policy tightening worries
By Reuters Staff 4 Min Read SHANGHAI (Reuters) - One of China’s key short-term money rates surged to a near six-year high on Wednesday as investors worried that policymakers may be starting to shift to a tighter stance to cool gains in share prices and property markets. FILE PHOTO: Headquarters of the Peoples Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. REUTERS/Jason Lee Unlike the past few years, the central bank has not been making net liquidity ...
Source: reuters.com