Monday, 17 November 2008

HK dollar stays strong, interbank rates mixed.

Hong Kong foreign exchange and money markets in late trade on Monday.

Close Mid-day Previous Close

At 0855 GMT At 0426 GMT At 0915 GMT

HK$ SPOT 7.7503/04 7.7505/06 7.7502/03


FORWARDS
Three-month -22/-15 -23/-15 -15/-10

Six-month -30/-15 -30/-15 -20/-10

One-year -30/-10 -30/-10 -30/-10


INTERBANK RATES (PERCENTAGE)
Overnight 0.10/0.40 0.10/0.30 0.10/0.30

One-month 0.90/1.10 0.90/1.05 0.95/1.05

Three-month 2.00/2.15 2.00/2.15 2.00/2.15

Six-month 2.30/2.45 2.30/2.45 2.30/2.50

One-year 2.45/2.65 2.45/2.65 2.35/2.55

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