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View Full Version : Hong Kong Cuts Base Rate to 1.5 Percent, Tracking Fed (Update2) - Bloomberg



NewsWhore
10-29-2008, 09:20 PM
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Hong Kong Cuts Base Rate to 1.5 Percent, Tracking Fed (Update2) (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Dao2eOaYItZQw%26refer%3Dhome&cid=0&ei=cg0JScGhKJzI8ASH_bClAg&usg=AFQjCNEUb-EmTIs_1sdlRk2TzGD7xJdgTg)
Bloomberg - 26 minutes ago
Hong Kong&#39;s monetary policy follows the Fed because the city&#39;s currency is pegged to the US dollar. ``Interbank rates may not fall simultaneously along with ...


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