China’s Market News: Yuan HIBOR Jumps Again - What is Going on?

The offshore Yuan borrowing cost soared to 23.68% on Monday, the third hike in two weeks.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/china_news/2016/09/19/Chinas-Market-News-Yuan-HIBOR-Jumps-Again---What-is-Going-on.html?DFXfeeds=forex:fundamental:daily_briefing:daily_pieces:china_news