| 7.7843 | |
| 7.7826 | |
| 0 | |
| 7.7847 | |
| 7.7815 | |
| 7.763 - 7.838 |
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The team behind CNHC, a stablecoin pegged to the value of the offshore yuan, and HKDC, one tied to the Hong Kong dollar, has been detained by Shanghai police, PANews reported on Wednesday. The Trust Reserve team was taken on May 29, the Chinese-language news outlet reported. PANews also said it fou...
(Adds analysts' comment and Hong Kong dollar levels) By Tom Westbrook SINGAPORE, May 10 (Reuters) - Hong Kong interbank rates jumped on Wednesday as a further decline in banking system cash balances spurred expectations of tightening monetary settings and to an unwinding of short positions in the ...
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