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In Hong Kong, HIBOR is officially called the "Hong Kong Dollar Interest Settlement Rates". It is defined in the Guide to Hong Kong Monetary, Banking and Financial Terms as "The rate of interest offered on Hong Kong dollar loans by banks in the interbank market for a specified period ranging from overnight to one year."
More Hong Kong homebuyers are expected to shift to cheaper mortgages linked with the Hong Kong one-month interbank offered interest rate (Hibor) after all of the city's major commercial banks said ...
The Hong Kong Monetary Authority will follow the US Federal Reserve in keeping interest rates close to zero through 2022 to support the battered economy, a strategy that is set to attract fund ...
Multiple forays by Hong Kong's monetary authority into the foreign exchange market last week to weaken the local currency have also lowered borrowing costs in Hong Kong dollars, a timely boon for ...
Such loans are made at the interbank rate ... In Hong Kong, the interbank lending rate is called HIBOR, published by the Hong Kong Association of Banks. [6]
Hong Kong uses a linked exchange rate system, trading since May 2005 in the range US$1:HK$7.75–7.85. Apart from its use in Hong Kong, the Hong Kong dollar is also used in neighbouring Macau. It is pegged at 1 Hong Kong dollar to 1.03 Macanese patacas, and is generally accepted at par or MOP 1.00 for retail purchases. [5]
Most analysts predict Hong Kong's commercial banks will raise the prime rate in September, but some expect a rate increase to come this month as a key indicator of bank liquidity continues to fall ...
University of Hong Kong (BSocSc) Director of the Office of the Exchange Fund Sir Hamish Macleod Sir Donald Tsang Antony Leung Henry Tang John Tsang: 2 Norman Chan Tak-lam, GBS, JP 陳德霖 (1954–) 1 October 2009 30 September 2019 10 years and 0 days Chinese University of Hong Kong (B.S.) Director of the Office of the Hong Kong Chief ...