An audit of the Federal Reserve Bank of New York uncovered that the effective federal funds rate and overnight bank funding rate are in compliance with principles for financial benchmarks
Market capitalisation of Hong Kong鈥檚 securities market reached over $33 billion, while in the derivatives market total options trading reached over 137 thousand contracts
The Bangko Sentral ng Pilipinas monetary board has approved new rules on minimum leverage ratio requirement for universal banks, commercial banks and their subsidiary banks and quasi-banks, effective 1 July
