Most Yuan Interbank Rates Rise in Hong Kong as PBOC Curbs SupplyBy and
Reserve requirements to include overseas banks' yuan deposits
Tighter liquidity boosts cost of shorting yuan offshore
The cost of borrowing yuan for a week or more increased in Hong Kong’s interbank market after China’s central bank said it will impose reserve-requirement ratios on yuan deposited onshore by overseas financial institutions from Jan. 25.
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