{Financial Market Update} The US dollar rose to 7.8462/8492. The US dollar against the RMB rose to 6.6930/6937. The one-year non-deliverable RMB contract was newly quoted at 6.5151/5253, with a premium/discount to the spot rate of 1732 points.
* Source: The Hong Kong Association of Banks
List of the best lending rates in Hong Kong dollars from various banks:
(kc)
| 11:15 (%) | Previous day (9th) closing (%) | |
|---|---|---|
| Overnight | 2.9100 | 2.2200 |
| One week | 2.4900 | 2.5400 |
| Two weeks | 2.5600 | 2.5600 |
| One month | 2.7600 | 2.7500 |
| Two months | 3.0000 | 2.9900 |
| Three months | 3.2900 | 3.2900 |
| Six months | 3.5300 | 3.5300 |
| One year | 3.9800 | 3.9900 |
List of the best lending rates in Hong Kong dollars from various banks:
| Bank | Latest Hong Kong Dollar Prime Lending Rate (per mille) |
|---|---|
| Bank of China (Hong Kong)/Hang Seng/HSBC | 5.0 |
| Bank of East Asia/Wing Lung/ Tai Sin/ICBC Asia/Shanghai Commercial/Standard Chartered/BOC Hong Kong | 5.25 |
| Far Eastern/CCB | 5.375 |
| China Trust International/Bank of Union/Chong Hing/Citi/ DBS/Nanyang/Populaires; Virtual banks: Airstar/PAObank | 5.55 |
| Hua Chiao | 5.75 |
| Virtual bank: ZA | 6.375 |
| 16:20 | 11:15 | Previous day (9th) closing | |
|---|---|---|---|
| US Dollar | 7.8462/92 | 7.8472/80 | 7.8474/82 |
