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Hong Kong Economy: 
Hong Kong’s Interest Rate Drops to 0.79%
Author: 123jump.com Staff
123jump.com
Last Update: 10:10 AM EDT May 19 2008



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The composite interest rate, which reflects the average cost of funds of banks, fell by 19 basis points to 0.79% at the end of April 2008, from 0.98% at the end of March 2008. This followed a decrease of 37 basis points in March 2008.

 

 

 

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