HIBOR rate fixed at 61.333%

The Hong Kong interbank offered rate (HIBOR) also known as Hong Kong offshore Yuan overnight borrowing rate has been fixed today at 61.333%.

Jan 6, 2017

Goldman Sachs: A bigger drop in the yuan not ruled out in 2017

More headlines coming in from the analysts at Goldman Sachs on the Yuan, after reporting yesterday that it is “too early to turn constructive” on the

USD/CAD on a steady recovery path above 1.3250

The USD/CAD pair is seen extending its reversal from just below 1.32 handle, as the bulls are back in action on a broad based USD comeback and flattis