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View Full Version : Hong Kong Cuts Base Rate, Tracking Federal Reserve (Update1) - Bloomberg



NewsWhore
03-18-2008, 09:40 PM
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Hong Kong Cuts Base Rate, Tracking Federal Reserve (Update1) (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3Da8piKAkenN94%26refer%3Dasia&cid=0&ei=LG_gR_yUF4ny-wGSkvTOBg&usg=AFrqEzdzKvT9DGK-JIo50Ebz1kJ6CosVrQ)
Bloomberg - 1 hour ago
Hong Kong&#39;s currency is pegged to the US dollar at about HK$7.80, which typically means the city&#39;s monetary policy follows that of the Fed. ...


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