国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

Macao's discount window base rate raised to 2.25 pct

Source: Xinhua| 2018-06-14 11:30:11|Editor: Yurou
Video PlayerClose

MACAO, June 14 (Xinhua) -- Macao's base rate of the discount window was raised by 25 basis points to 2.25 percent on Thursday, said the special administrative region's Monetary Authority.

The Monetary Authority of Macao said that as the pataca is linked to the Hong Kong dollar, the movements of policy rates in Hong Kong and Macao should be basically consistent to maintain the effective operation of the linked exchange rate system.

The Monetary Authority followed its Hong Kong counterpart to raise the base rate by 25 basis points, as the U.S. Federal Reserve raised the Fed funds rate target range by 25 basis points on Wednesday. The Hong Kong dollar is linked to the U.S. dollar under a similar linked exchange rate system.

Macao's local money-market interest rates have broadly moved up since the base rate was raised by 25 basis points to 2.0 percent on March 22.

It is expected that Macao banks would gradually adjust deposit and lending rates at the retail level along with the developments of the financial market and funding costs.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001372532051
主站蜘蛛池模板: 阜南县| 朝阳区| 宣汉县| 威海市| 中阳县| 永嘉县| 永济市| 佛冈县| 醴陵市| 丹阳市| 宁武县| 河间市| 台中市| 蓝田县| 玉环县| 明星| 屯昌县| 固阳县| 绥芬河市| 礼泉县| 越西县| 霍林郭勒市| 邯郸市| 青阳县| 聂荣县| 达尔| 通榆县| 青海省| 永春县| 二连浩特市| 阜城县| 灵台县| 银川市| 香港| 文水县| 简阳市| 聂荣县| 广丰县| 肇东市| 张家口市| 长沙县|