The cost for banks in Hong Kong to borrow yuan from one another overnight dropped to 14.05% on Monday, hitting the lowest level since Dec. 30. That overnight rate had hit 61.3% on Friday.
WSJ.com: Asia Home, Wall Street Journal: Home Asia
Sun, 01/08/2017 - 9:10pm
The cost for banks in Hong Kong to borrow yuan from one another overnight dropped to 14.05% on Monday, hitting the lowest level since Dec. 30. That overnight rate had hit 61.3% on Friday.