The Hong Kong dollar rose to its highest level since May 2017 on Thursday, boosted by the rise in Hibor. Photo: Bloomberg
Hong Kong rates climb to 2008 highs, dollar jumps before jumbo IPO
- The one-month and two week tenors climbed to their highest since October 2008
- Analysts point to cash raising by investors ahead the Hong Kong listing of Anheuser-Busch InBev
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Banking & Finance
The Hong Kong dollar rose to its highest level since May 2017 on Thursday, boosted by the rise in Hibor. Photo: Bloomberg