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View Full Version : Hong Kong Banks' Stress Tests Assume $89 Billion Outflow - Bloomberg



NewsWhore
05-27-2011, 06:40 AM
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Hong Kong Banks&#39; Stress Tests Assume $89 Billion Outflow (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEnOfGjnuQL0mvzDdo_485SThoG2g&url=http://www.bloomberg.com/news/2011-05-26/hkma-asks-banks-to-conduct-stress-tests-on-outflows-correct-.html)
Bloomberg
Renminbi deposits in the city tripled to a record 451 billion yuan ($69 billion) in the last two quarters amid forecasts the mainland&#39;s currency will be the best performer among so-called BRIC nations this year. The Hong Kong dollar has been pegged to ...

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