CNH HIBOR Overnight Rate Rises 10 Basis Points to 1.40% on May 19, Hitting Weekly High

GateNews

According to Jin10, CNH HIBOR (offshore Chinese yuan Hong Kong Interbank Offered Rate) showed mixed movement on May 19, with overnight HIBOR rising 10 basis points to 1.40%, the highest level since May 12. One-week HIBOR fell to 1.38061%, two-week HIBOR declined to 1.40545%, and one-year HIBOR dropped to 1.69061%.

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