• Thu
  • Jul 31, 2014
  • Updated: 11:15am

People’s Bank of China

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.

Thursday, 29 August, 2013, 4:13am