The FT report the renminbi (CNH) based overnight Hong Kong interbank offer rate, or Hibor, jumped 939 basis points – the biggest daily move ever, according to Bloomberg – to 13.4 per cent, the highest since it was launched in June 2013
The FT report the renminbi (CNH) based overnight Hong Kong interbank offer rate, or Hibor, jumped 939 basis points – the biggest daily move ever, according to Bloomberg – to 13.4 per cent, the highest since it was launched in June 2013