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View Full Version : HSBC, Rivals May Trim Hong Kong Lending Rates After Fed Move - Bloomberg



NewsWhore
01-30-2008, 11:50 PM
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HSBC, Rivals May Trim Hong Kong Lending Rates After Fed Move (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DapRmmCSgGrRM%26refer%3Dhome&cid=0&ei=ikWhR6O1N4ec9wK1x_zADQ)
Bloomberg - 27 minutes ago
The HKMA, which linked its currency to the US dollar in 1983, sets its base rate by adding 1.5 percentage points to the Fed&#39;s overnight lending rate. ...



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