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China money rates slump as year-end cash squeeze fades

Friday, January 4, 2013

WN.com - Business News
Latest headlines from WN Network
China money rates slump as year-end cash squeeze fades
Jan 4th 2013, 09:23

China's money rates dropped sharply on Friday, as year-end cash demand waned and the market anticipated a possible fund injection by the central bank on Saturday. The benchmark seven-day weighted-average repo rate fell 54 basis points to 4.04 percent...
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