China’s Market News:Yuan Borrowing Rate Soars in Offshore Market

The overnight HIBOR jumped in Hong Kong, raising concerns on tightened Yuan liquidity.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/china_news/2016/07/13/Chinas-Market-News-Yuan-Borrowing-Rate-Soars-in-Offshore-Market.html?DFXfeeds=forex:fundamental:daily_briefing:daily_pieces:china_news