- Despite the PBOC injecting 13B yuan ($2.13B) into money markets, one-week repo rates have risen for a ninth day in a row, increasing to a three-month high of 4.947%.
- The overnight rate climbed for a fifth consecutive day to a four-month peak of 4.446%.
- The Shanghai Composite is -0.2%.
- ETFs - Stocks: FXI, GXC, PGJ, YAO, FCHI, PEK, CAF, YXI, XPP, FXP, MCHI, YINN, YANG, TCHI, CHXF, KFYP, HAO, ECNS. Bonds: DSUM, CHLC. Currency: CNY, CYB, FXCH
Chinese money market rates continue to rise despite PBOC action
Oct 29 2013, 04:19 ET