Borrowing offshore yuan overnight just got cheaper
Down to a one-week low
Overnight rate for HIBOR at 3.61% today
This week so far:
– On Monday it hit a record 13.4%
Its average over the past 6 months has been around 3.8%
Borrowing offshore yuan overnight just got cheaper
Down to a one-week low
Overnight rate for HIBOR at 3.61% today
This week so far:
– On Monday it hit a record 13.4%
Its average over the past 6 months has been around 3.8%