Hong Kong Monetary Authority: Hong Kong Interest Rate may remain at a relatively high level for a visible period of time

On January 30, the Hong Kong Monetary Authority stated that the operation of the financial and monetary markets in Hong Kong remained smooth, with stable liquidity and a stable exchange rate for the Hong Kong dollar. The Hong Kong dollar interbank rates generally approached the US dollar interest rates under the linked exchange rate system, while the short-term interbank rates were also influenced by local market demand and supply for Hong Kong dollars, such as seasonal factors and capital market activities. It is expected that the interest rates in Hong Kong will remain relatively high for a visible period of time, while the extent and pace of future interest rate cuts in the United States are quite uncertain. The Monetary Authority will continue to closely monitor market changes and maintain monetary and financial stability.

View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)