Commodity Trade Mantra

Posts Tagged ‘Chinese Bank’

China Bails Out Money Markets Following Repo Rate Blow Out

China said it injected over 300 billion yuan ($49.2 billion) into the nation’s money markets over a three-day period as interbank interest rates surged to their highest levels since June – Perhaps the PBOC hinting at tapering at a time when the Fed is actually doing so is not the smart choice…

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