Thursday, July 25, 2013

China benchmark money rate quoted at 6.5pc, but comes down fast





China’s benchmark seven-day repo rate posted an unusually high 6.5000 per cent quote on Thursday morning after the central bank abstained from injecting funds into a market traders say is growing increasingly tight.









via Business feed http://www.scmp.com/business/economy/article/1290299/china-benchmark-money-rate-quoted-65pc-comes-down-fast

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