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CNH HIBOR Rates Rebound Across All Tenors on May 8, Overnight Rate Hits 1.48939%

GateNews
Forex
According to Jin10 Data, offshore Chinese yuan Hong Kong interbank offered rates (CNH HIBOR) rebounded across main tenors on Friday, May 8. Overnight HIBOR rose 2 basis points to 1.48939%, marking its highest level since April 9. One-week HIBOR climbed to 1.45455% and two-week HIBOR rose to 1.45545%, both touching their highest points since April 13. One-year HIBOR increased to 1.70364%, reaching its highest level since April 27.
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