Offshore liquidity tightening Hongkong RMB overnight HIBOR

Offshore RMB liquidity tightening: Hongkong soared overnight HIBOR hot column capital flows thousands thousands of stocks the latest Rating Rating diagnosis simulated trading client Sina fund exposure table: the letter Phi lag of false propaganda, long-term performance is lower than similar products, to buy the fund by the pit how to do? Click [I want to complain], Sina help you expose them! Today, the market of Hongkong offshore renminbi liquidity suddenly tightening, Hongkong RMB overnight interbank interest rate broke the stable trend after months, jumped 388 basis points to 5.446%, hit its highest level in February. According to the Hongkong Capital Markets Association (TMA) data show that the RMB in Hongkong overnight interbank interest rate (HIBOR) today soared 388 basis points to 5.45%, hit its highest level in February. A week of interest rates rose 210 basis points to 4.06%; 3 months interest rates rose 38 basis points to 3.29%. (source: CEIC global economic database) for reasons of overnight HIBOR soaring, according to Bloomberg quoted the Mizuho Asian foreign exchange strategist Zhang Jiantai explained that due to market speculation after the end of the G20 summit in Hangzhou China government may allow a further depreciation of the RMB, China’s central bank may have tightened liquidity in the offshore renminbi market, to suppress the bearish mood. The authorities may have to repeat the previous January trick to tighten liquidity to fight bulls." Since August, offshore renminbi (CNH) against the U.S. dollar has fallen by 0.7%, mainly due to China’s economic data failed to ease the concerns of the outside world for China’s economic slowdown, as well as the Fed’s interest rate warning. Bearish sentiment in the derivatives market again, July volatility has hit a new high since January. (pictured from Peng Bo) this morning, the offshore RMB against the U.S. dollar once pulled nearly a hundred points, followed by a slight decline. Foreign media quoted traders said that the U.S. dollar against the offshore renminbi appeared selling pressure, short-term financing needs of the rmb. Previously, Hongkong RMB overnight interbank interest rate nearly six months the average level is 1.589%, the rate in January 12th rose to a record high of 66.8%. In January this year, the RMB has faced greater devaluation pressure, the Central Bank of China has reportedly taken measures to tighten the offshore RMB liquidity, increase the cost of short offshore renminbi to stabilize the exchange rate. Enter the Sina financial stocks] discussion相关的主题文章: