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View Full Version : Hong Kong Cuts Base Lending Rate to Boost Liquidity (Update2) - Bloomberg



NewsWhore
10-07-2008, 10:50 PM
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Hong Kong Cuts Base Lending Rate to Boost Liquidity (Update2) (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Dag3QBBNRx5JI%26refer%3Dhome&cid=1255303673&ei=RSHsSMazMoe4zATN3qCACQ&usg=AFQjCNFvkxNmxQLgYq-6-QzautK_gs2pIw)
Bloomberg - 54 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 cut yesterday its benchmark ...


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