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Hong Kong's composite interest rate, a measure of the average cost of funds of banks, was kept unchanged at 0.20% at the end of July, the Hong Kong Monetary Authority, or HKMA, said Thursday.
During July, HIBORs dropped across-the-board by 4.6 to 26.3 basis points, while the weighted deposit rate increased slightly.
The composite interest rate for August is scheduled on September 17, 2010.
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