Hong Kong Overnight Rate Surges Past 5% for First Time This Year

Hong Kong Overnight Rate Surges Past 5% for First Time This Year



Hong Kong Overnight Rate Surges Past 5% for First Time This Year
The cost of overnight borrowing in Hong Kong jumped past 5% for the first time this year, as cash conditions tightened further on quarter-end demand and an upcoming holiday.


www.bloomberg.com
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