China to make Shanghai global yuan hub by 2015 - EastDay.com


China Daily
China to make Shanghai global yuan hub by 2015
EastDay.com
It envisages Shanghai becoming a leading international financial hub and global center for yuan trading, clearing and pricing by 2015. By then, the Shanghai Interbank Offered Rate and the yuan central parity rate will become major benchmarks for yuan ...
Shanghai to become yuan center China Daily
Shanghai Aims to Become Global Yuan Trading Center by 2015 BusinessWeek
China Plans to Turn Shanghai into Global Money Center Insurance Journal

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China Pushes Shanghai As International Financial Centre - Tax-news.com

China Pushes Shanghai As International Financial Centre
Tax-news.com
It is intended that RMB pricing will be decided mainly on the onshore rather than the offshore market, with, for example, the Shanghai interbank offered rate (Shibor) becoming the benchmark for global RMB-denominated credit. It is also said that China ...

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Chinese banks short of cash ahead of holiday - China Daily


China Daily
Chinese banks short of cash ahead of holiday
China Daily
The Shanghai Interbank Offered Rates (Shibor), which measure the cost for banks of borrowing from one another as a key barometer of liquidity, were higher for short-term borrowing no longer than three months. The overnight Shibor rose 80 basis points ...
China Money Rate Slides From Seven-Month High as PBOC Adds Funds BusinessWeek
China's money rates rise again, market awaits PBOC rescue Reuters

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PBOC drains funds from banks after liquidity improves - China Daily


Bloomberg
PBOC drains funds from banks after liquidity improves
China Daily
Compared with the pre-season squeeze, Chinese banks are now abundant with liquidity again, as suggested by the Shanghai Interbank Offered Rates (Shibor), which measures the cost of interbank borrowing as a key barometer of liquidity.
China Repo Rate Gains for Third Day as PBOC Sales to Drain Cash BusinessWeek
PBOC Suspends Bill Sale For Fifth Straight Week Wall Street Journal

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PBOC injects more funds into banks to ease liquidity squeeze - Xinhua


Moneycontrol.com
PBOC injects more funds into banks to ease liquidity squeeze
Xinhua
The PBOC's liquidity injection brought down short-term borrowing costs between Chinese banks, as suggested by Thursday's interbank market yields. The Shanghai Interbank Offered Rates (Shibor), which measure the cost of interbank borrowing as a key ...
China Repo Rate Falls Most in 11 Months on PBOC Fund Injection BusinessWeek

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IMF consider true yuan value - Corporate FX


Corporate FX
IMF consider true yuan value
Corporate FX
The Shanghai Interbank Offered Rate, which is backed by the government, would be the benchmark for yuan credit everywhere. Trade leaders across the world, particularly from the US, have argued for some time that the undervaluation of the Chinese yuan ...

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China One-Year Swap Completes Biggest Weekly Increase This Year - BusinessWeek

China One-Year Swap Completes Biggest Weekly Increase This Year
BusinessWeek
The seven-day repurchase rate, which measures interbank funding availability, gained 28 basis points this week to 3.63 percent in Shanghai, according to a weighted average rate compiled by the National Interbank Funding Center.

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