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Overnight yuan HIBOR to record 66.8% (from yesterday's 13.4%)

Discussion in 'Market News' started by ForexLive, Jan 12, 2016.

  1. ForexLive

    ForexLive Forum Member

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    CNH based overnight Hong Kong interbank offer rate, or HIBOR has surged to a whopping 66.8% - From 13.4 yesterday, and 4% last Friday - Record high today This is part of PBOC attempts to curb short-selling of the yuan

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