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China’s overnight Shibor interbank rate decreases Tuesday

BEIJING, Nov. 5 (Xinhua) — The overnight Shanghai Interbank Offered Rate (Shibor), which measures the borrowing cost of China’s interbank market, decreased 0.8 basis points to 1.338 percent Tuesday. The seven-day rate edged up 0.4 basis points to 1.5 percent,…

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