The differential between Hong Kong dollar and US dollar interest rates, in terms of one-month interbank rate, narrowed consistently from around 112 basis points in mid-January to below zero basis point in early May.

 
  • 以一个月银行同业拆息来说,港元与美元息差由一月中约112基点,收窄至五月初低于零基点的水平。
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