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Yuan (CNH) based overnight Hong Kong rate to its highest since launch in June 2013

ByEamonn Sheridan

Jan 11, 2016

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

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