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View Full Version : Bank of China Cuts Interest Rate on Record Deposits of Yuan in Hong Kong - Bloomberg



NewsWhore
04-01-2011, 12:50 AM
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Bank of China Cuts Interest Rate on Record Deposits of Yuan in Hong Kong (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF_rNUfakqUiOx06JJhkak_RCU3wA&url=http://www.bloomberg.com/news/2011-04-01/bank-of-china-cuts-interest-rate-on-record-deposits-of-yuan-in-hong-kong.html)
Bloomberg
â??People have been converting Hong Kong dollars into yuan because of expectations China&#39;s currency will appreciate, and we&#39;re slowly having growth of yuan investment products,â?? said Gavin Parry, managing director of Parry International Trading Ltd. in ...

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