Asia Flash | 24 Jun 2013: big sell-off in China stock market; PBoC's statement on cash squeeze; China and UK sign swap line; Indonesia increases fuel price; India addresses coal shortage
Published on Sunday, June 23, 2013
Asia Flash | 24 Jun 2013: big sell-off in China stock market; PBoC's statement on cash squeeze; China and UK sign swap line; Indonesia increases fuel price; India addresses coal shortage
Summary
China’s stock markets declined sharply today on renewed concern about the ongoing squeeze in the interbank market and its impact on smaller banks. Other Asian markets fell in tandem.
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BBVA Research
BBVA Research