Most offshore RMB interbank offered rates decline
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Golden Ten Data reported on July 16 that the offshore RMB Hong Kong Interbank Offered Rate (CNH HIBOR) showed that most main-term rates moved lower on Thursday. The two-week HIBOR dropped to 1.46849%. The overnight HIBOR edged up to 1.43939%, the one-week HIBOR remained flat at 1.45000%, and the one-year HIBOR also stayed unchanged at 1.71758%. Click the link to view historical data >>
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