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Hong Kong Economy: 
HK Composite Interest Rate Falls to 0.98%
Author: 123jump.com Staff
123jump.com
Last Update: 10:18 AM EDT April 17 2008


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The composite interest rate, which reflects the average cost of funds of banks, fell by 37 basis points to 0.98% at the end of March 2008, from 1.35% at the end of February 2008. This followed a decrease of 33 basis points in February 2008.

 

 

 
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