Hong Kong raised a base rate to a maximum in 16 years

Photo: © Dominic Chiu / Global Look Press Administration office denezhnogo обращения Hong Kong raised a base rate on 25 basic points, to 5,75%. About it it is spoken in the regulator message. Management raises it already for the 11th time for the last 17 months, following the example Federal Reserve System United States of America America. The rate reached the maximum value since December, 2007, transfers information agency "ITAR-TASS". Increase of a base rate will increase the cost of money in economy Hong Kong and can have negative impact on its growth. Besides, it will lead to rise in price of credits and mortgages that can complicate a situation in the market...