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CHINA YUAN: China on Monday cut money market policy rates by 10 basis points,
according to data on the website of the People's Bank of China. The 7-day and
14-day reverse repo rates were set to 2.40% and 2.55% from the previous 2.50%
and 2.65%, according to PBOC data. The PBOC will closely monitor liquidity
conditions during the virus outbreak, the central bank said in the statement.