After the Storm, Measure of Calm Returns to Interbank Market
(Beijing) – Liquidity in the interbank market this month has shown signs of improvement after the central bank intervened, but analysts agree that it is too soon to breathe a sigh of relief.
Liu Mingkang, former chairman of China Banking Regulatory Commission, said on July 27 at a forum held by Caixin that volatility is here to stay. The tightness is unlikely to ease before 2015, he said.
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