China money rates slump as year-end cash squeeze fades

* Banks have now weathered year-end cash withdrawals
* Overnight repo rate dives by 131 bps
* C.bank poised to inject funds at special Sat repo auction
* Rates may stay elevated until…

Source: Reuters: Financial Services and Real Estate

Tags: ,
Previous Post

UK stocks slip as Fed comment, U.S. jobs data eyed

Next Post

Tainted reaction masks nuclear procurement

Leave a Reply

Your email address will not be published. Required fields are marked *

* Copy This Password *

* Type Or Paste Password Here *

Verified by MonsterInsights