(Yicai Global) Feb. 10 -- The Shanghai Interbank Offered Rates continue to move lower today as Chinese regulators strive to loosen policies for the nation's anti-epidemic efforts. 

The overnight SHIBOR fell 14.1 basis points to 1.6520 percent, while the one-week rate slid 1.7 bips to 2.2890 percent. The two-week rate also slipped 0.2 bips to 2.2300 percent and the rate for three-month lending was down 3 bips at 2.7230 percent.

China has rolled out a raft of measures to strengthen its financial support for its coronavirus epidemic control campaigns and according to a circular from the central bank and other departments "will work to maintain reasonable and sufficient liquidity."

The central bank injected a total of CNY1.7 trillion (USD243 billion) into its monetary system during the first two days of last week after an extended holiday for the Chinese New Year.