China Money Rate Tumbles as PBOC Injects Cash

China Money Rate Tumbles as PBOC Injects Cash Play

Dec. 24 (Bloomberg) -- China’s benchmark money-market rate tumbled the most since February 2011 after the central bank injected funds via open-market operations for the first time in three weeks, helping alleviate a cash crunch. Stephen Engle reports on Bloomberg Television's "Asia Edge." (Source: Bloomberg)

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