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In Hong Kong, HIBOR is officially called the "Hong Kong Dollar Interest Settlement Rates". It is defined in the Guide to Hong Kong Monetary, Banking and Financial Terms as "The rate of interest offered on Hong Kong dollar loans by banks in the interbank market for a specified period ranging from overnight to one year."
The Hong Kong Monetary Authority will follow the US Federal Reserve in keeping interest rates close to zero through 2022 to support the battered economy, a strategy that is set to attract fund ...
On 17 October 1983, the Hong Kong dollar was officially pegged to the U.S. dollar at a rate of HK$7.8 = US$1, officially switching back to the currency board system. The peg of Hong Kong dollar to the U.S. dollar in 1983 actually took place in the context of Sino-British negotiation regarding the future of Hong Kong after 1997.
The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged through the overnight discount window by 75 basis points (bps) to 3.5%, hours after the U.S. Federal Reserve ...
This is a list of countries by a simple average of commercial banks' annualized interest rates charged on new loans to ... Hong Kong: 5.00: 31 December 2017 est ...
Hong Kong's base rate will rise to 2.75 per cent effective immediately, according to a statement by the Hong Kong Monetary Authority (HKMA), the city's de facto central bank. That's the highest ...
Hong Kong's latest round of inflation-linked government debt, known as iBonds, got off to a strong start on Tuesday, as savers flocked to the government programme as interest rates remain at ...
This is a list of countries by annualized interest rate set by the central bank for charging commercial, ... Hong Kong: 4.75 0.25: 19 December 2024 [42] 1.79 2.96