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HKMA: Nov Composite Interest Rate Flattish at 1.04%
The Hong Kong Monetary Authority (HKMA) announced the composite interest rate at the end of November 2019. The composite interest rate, which is a measure of the average cost of fu...
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HKMA: Nov Composite Interest Rate Flattish at 1.04%
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2019/12/19 16:43
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The Hong Kong Monetary Authority (HKMA) announced the composite interest rate at the end of November 2019. The composite interest rate, which is a measure of the average cost of funds of banks, remained unchanged at 1.04 per cent at the end of November 2019. During the month, the weighted funding cost for deposits was steady.
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