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Tag: local currency

Hong Kong’s dollar-peg defense leaves bittersweet taste for borrowers as Hibor rises

August 25, 2025August 25, 2025 · Business

A “low-rate honeymoon” for Hong Kong borrowers has come to an end with an increase in the interest rate banks use to set loan prices, a mixed blessing…

Read more Hong Kong’s dollar-peg defense leaves bittersweet taste for borrowers as Hibor rises
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