Forex Blog

January 7, 2010

China Guides Bill Yields Higher, Seeking to Curb Record Lending

Filed under: OANDA News — Tags: curbing-price, first, focus-for, forex round up, higher-interest, interest, lending-and, ontrolling-the-record, rate-for, record, sold-three-month, the-first, the-record, usd, weeks-after — admin @ 4:26 am

China’s central bank sold three-month bills at a higher interest rate for the first time in 19 weeks after saying its focus for 2010 is controlling the record expansion in lending and curbing price increases.

Bloomberg

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