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View Full Version : Hong Kong Lowers Base Rate to 2 Percent, Tracking Fed (Update1) - Bloomberg



NewsWhore
10-08-2008, 09:50 PM
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Hong Kong Lowers Base Rate to 2 Percent, Tracking Fed (Update1) (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3Dac1m3KUE2oCM%26refer%3Dasia&cid=1255430296&ei=k2TtSMjvLZqO9QSEy7y7Ag&usg=AFQjCNF6sQ0e2G4oiNxrm9ZwNBaXMqeTUQ)
Bloomberg - 47 minutes ago
Hong Kong&#39;s monetary policy follows the Fed because the city&#39;s currency is pegged to the US dollar. ``The unprecedented coordinated rate cuts by global ...


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