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Yuan (CNH) based overnight Hong Kong rate to its highest since launch in June 2013

Discussion in 'Fundamental Analysis' started by ForexLive, Jan 11, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    The FT report the renminbi (CNH) based overnight Hong Kong interbank offer rate, or Hibor, jumped 939 basis points - the biggest daily move ever, according to Bloomberg - to 13.4 per cent, the highest since it was launched in June 2013

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