Hong Kong’s Interbank Lending Rate Spikes Most in 10 Years Amidst Liquidity Fears
via confoundedinterest: Hong Kong, with a stressed housing market with staggeringly high prices, just saw a surge in interest rates. (Bloomberg) — The Hong Kong dollar’s surge reverberated across the city’s money market on Monday, with interbank rates climbing by the most since the global financial crisis a decade ago. Both moves are underpinned by the same … Read more