Hong Kong’s key interbank borrowing cost slumped following foreign-exchange intervention by the city’s authorities, fueling ...

The one-month Hong Kong interbank offered rate for the local currency — known as Hibor — increased eight basis points to 5.10%, having more than doubled from this year’s low set in February.

The recent weakness in USD triggered the so-called “Asian Financial Crisis in reverse.” Taiwan dollar notably surged 10% against the USD. Read more ...

HSBC cut its Hong Kong dollar best lending rate by 12.5 bps to 5.25% and Bank of China (Hong Kong) lowered its Hong Kong dollar prime rate to 5.25% from 5.375%. “The future path of rates remains ...

HONG KONG, March 20 (Reuters) - The Hong Kong Monetary Authority ... and Standard Chartered Bank keeping its Hong Kong dollar best lending rate unchanged at 5.5%. Bank of China (Hong Kong ...