People’s Bank of China Acts to Ease Liquidity Fears


The Chinese central bank has made an emergency money injection on December 19th after the benchmark money-market rate jumped the most since June.


The seven-day repurchase rate, a gauge of funding availability in the banking system, jumped 140 basis points to 6.60 percent on December 19th.

People’s Bank of China Acts to Ease Liquidity Fears


anna@tradingeconomics.com
12/19/2013 4:55:40 PM