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View Full Version : Hong Kong Monetary Authority Cuts Base Rate to 0.5% - Bloomberg



NewsWhore
12-16-2008, 11:20 PM
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Hong Kong Monetary Authority Cuts Base Rate to 0.5% (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Da9qBEYgP_ScU%26refer%3Dhome&cid=0&ei=JH5IScjQAozK8ASnzbm6DQ&usg=AFQjCNE8wMCBi_5Di4zZu5joQo3YyoXsJQ)
Bloomberg - 16 minutes ago
Hong Kong typically follows the Fed because the local currency is linked to the US dollar. The “HKMA hopes Hong Kong lenders can make use of the loose ...


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