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Testing Board TEST
Posted On: 12/05/2012 12:30:02 AM
Post# of 28540
Posted By: testdemo
* Benchmark 7-day repo rate falls 8 bps to 2.80 pct
* Minimal impact from RRR payments
* Fiscal deposits, forex purchase support liquidity
* C.bank poised for fourth straight week of net fund drain

By Chen Yixin and Gabriel Wildau
SHANGHAI, Dec 5 (Reuters) - China's money rates fell
slightly on Wednesday, as ample liquidity offset the impact of
required reserve ratio (RRR) payments, dealers said.
Banks must adjust their reserve balances at the central bank
on the 5th, 15

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