Macao´s Base Rate of the Discount Window Raised to 1.75%
(WorldNews China)

The Monetary Authority of Macao (AMCM) raised the Base Rate of the Discount Window today (14 December 2017) by 25 basis points to 1.75%. It has been the fifth time for the AMCM to raise the policy rate since December 2015. As the pataca is linked to the Hong Kong dollar, the movements of policy rates in Hong Kong and Macao should be basically consistent in order to maintain the...