


| Asia shares hauled higher as China trims key repo rate |
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China’s central bank cut rates on seven-day reverse repurchase agreements by five basis points to 2.50%, a move that nudged the yuan higher while lowering Chinese bond yields. The news helped Shanghai blue chips recoup early losses to rise 0.3% .CSI300 , though the initial reaction was cautious overall.
Posted: 2019-11-18 06:11:00
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