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Liquidity Seen Ample In September - News

CHINA PRESS
MNI (Singapore)

Liquidity conditions in the interbank market are expected to remain ample in September, against the backdrop of limited, incremental pro-growth policies and a subdued economic recovery, the Shanghai Securities News wrote, citing analysts. Even though both the DR001 and DR007 rates have risen over the last week due to increased funding needs into month-end, market liquidity will soon be supplemented after the release of fiscal expenditure at the end of August, the newspaper noted, citing analysts.

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