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View Full Version : Hong Kong Cuts Base Lending Rate to Boost Liquidity (Update1) - Bloomberg



NewsWhore
10-07-2008, 09:40 PM
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Hong Kong Cuts Base Lending Rate to Boost Liquidity (Update1) (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaNrpGgzCYJFc%26refer%3Dhome&cid=1255303673&ei=zBDsSJfcEofM8AScoYSKCQ&usg=AFQjCNHhudNjBptugAXp3s2HTl1iwhV1GQ)
Bloomberg - 46 minutes ago
The HKMA tracks the Fed Funds rate, which is now at 2 percent, because Hong Kong&#39;s currency is pegged to the dollar. Australia yesterday cut its benchmark ...


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