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View Full Version : Hong Kong Lowers Base Rate to 2 Percent, Tracking Fed Move - Bloomberg



NewsWhore
10-08-2008, 09:40 PM
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Hong Kong Lowers Base Rate to 2 Percent, Tracking Fed Move (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DaDwC1zRIGRUM%26refer%3Dasia&cid=1255430296&ei=MlTtSOm_IYnK8ATe-PnBAg&usg=AFQjCNGQaA7g5RZs5Y9DitR0K96m198WWA)
Bloomberg - 36 minutes ago
Hong Kong&#39;s monetary policy follows the Fed because the city&#39;s currency is pegged to the US dollar. Hong Kong&#39;s de facto central bank said yesterday it&#39;s ...


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