Offshore RMB interbank offered rate slightly rose in the short term and fell in the long term, with overnight rate hitting a nearly two-week high

Gelonghui March 10 | Offshore Renminbi Hong Kong Interbank Offered Rate (CNH HIBOR) on Tuesday showed: short-term rates rose slightly while longer-term rates declined; among them, the overnight HIBOR increased by 16 basis points to 1.63394%, reaching a new high since February 27. The one-week HIBOR rose by 19 basis points to 1.62303%, hitting a high since February 13; the two-week HIBOR increased by 12 basis points to 1.61849%, the highest since February 16; the one-year HIBOR slightly decreased to 1.85636%.

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