The Hong Kong Monetary Authority has increased its base rate by 75bps to 2.75%.
An as expected move following the FOMC decision Wednesday US time.
The HKD is pegged (in a band) to the USD. I posted this earlier in the week, still relevant:
The Hong Kong Monetary Authority has increased its base rate by 75bps to 2.75%.
An as expected move following the FOMC decision Wednesday US time.
The HKD is pegged (in a band) to the USD. I posted this earlier in the week, still relevant:
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