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Hong Kong dollar seen staying weak, thanks to low local interest rates
Reuters Spreads between the Hong Kong Interbank Offered Rate (HIBOR) and LIBOR widened sharply last year as markets priced in steadily rising U.S. rates. That spread “is still wide at around 1 percent for overnight contracts, which has triggered a lot of … |
Source:: Hong Kong News By Google News
Zennie Abraham | Zennie Abraham or “Zennie62” is the founder of Zennie62Media which consists of zennie62blog.com and a multimedia blog news aggregator and video network, and 78-blog network, with social media and content development services and consulting. Zennie is a pioneer video blogger, YouTube Partner, social media practitioner, game developer, and pundit. Note: news aggregator content does not reflect the personal views of Mr. Abraham.