HONG KONG Feb 21 The overnight implied deposit
rate for offshore yuan rose to more than 6 percent
on Tuesday, its highest level since Jan. 6.
Offshore yuan liquidity was squeezed at the end of last year
as Beijing's tightening measures to stem capital outflows made
offshore yuan rates more vulnerable to cross-border fund flows.
Yuan deposits in Hong Kong, the world's biggest offshore
yuan centre, fell to 546.7 billion yuan ($79.45 billion) in
December, its lowest level since April 2011.
($1 = 6.8809 Chinese yuan)
(Reporting by Michelle Chen; Editing by)