Home United States USA — Financial Hong Kong central bank raises interest rate after Fed hike

Hong Kong central bank raises interest rate after Fed hike

111
0
SHARE

Array
The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged through the overnight discount window by 75 basis points to 3.5 percent, hours after the U.S. Federal Reserve delivered a rate hike of the same margin.

Continue reading...