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Explaining SHIBOR & China's Credit Crunch

Fri 21 Jun 13 | 06:52 AM ET
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Explaining SHIBOR & China's Credit Crunch

Fri 21 Jun 13 | 06:52 AM ET
CNBC's Michelle Caruso Cabrera explains SHIBOR, the Shanghai Interbank Offered Rate, and why it has been rising of late. It was one of the things that drove the market down yesterday.
 
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