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KM Financial Solutions | UPDATE 1-Hong Kong’s central bank cuts interest rate after Fed move
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UPDATE 1-Hong Kong’s central bank cuts interest rate after Fed move

03 Mar UPDATE 1-Hong Kong’s central bank cuts interest rate after Fed move

Posted at 00:52h in News by
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The Hong Kong Monetary
Authority (HKMA) lowered its base rate charged through the
overnight discount window by 50 basis points to 1.5% on
Wednesday, hours after the U.S. Federal Reserve delivered a rate
cut of the same margin.

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