Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
PBOC apparently injected some liquidity and brought the SHIBOR spike down. The overnight rate dropped nearly 500 base points (from over 13% to over 8%).
by afew (afew(a in a circle)eurotrib_dot_com) on Fri Jun 21st, 2013 at 05:23:22 AM EST

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