UPDATE 1-China money rates steady, remain higher than before default* ...

in #update2 years ago

UPDATE 1-China money rates steady, remain higher than before default* 7-day repo rate falls 3 bps to 3.0029 pct * Key 7-day rate below key technical level * Traders watching c.bank's open market operations * PBOC expected to inject funds next week By Lu Jianxin and Gabriel Wildau SHANGHAI, July 4 (Reuters) - China's money rates were little changed on Thursday, with the key seven-day repo rate edging down 3 basis points after a slew of data pointed to easing pressures in the domestic economy. The central bank also confirmed it would inject funds through open market operations on July 10, for the second time in