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Strategies & Market Trends : HONG KONG -- Ignore unavailable to you. Want to Upgrade?

To: Tom who wrote (2175)8/27/1998 2:15:00 PM
From: Ron Bower  Read Replies (1) | Respond to of 2951
 
Tom,

Just wondering. Two of my HK companies have deposits in 3 diffeent banks, primarily $US, but also $HK. Do the interbank rates influence depositor interest rates?

TIA,
Ron



To: Tom who wrote (2175)8/27/1998 5:37:00 PM
From: Brad Bolen  Read Replies (1) | Respond to of 2951
 
Tom,

I thought I heard CNBC report today that HKMA had burned two thirds of its cash, and that the shorts could hammer them broke tonight? Any truth to that?

B.


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