(Yicai  Global) Aug.20 -- The Shanghai Interbank Offered Rates moved in both directions today after the central bank reduced liquidity from the banking system.
 

The overnight SHIBOR slid 2.4 basis points to 2.6420 percent, while the one-week rate fell 0.8 bips to 2.6640 percent. The SHIBOR for three-month loans was up 0.2 bips at 2.6710 percent.
 

The People's Bank of China conducted open market operations today that pulled a net CNY10 billion (USD1.4 billion) out of the monetary system, the same amount as yesterday.