HKMA chief says expects overnight interbank rate to rise at much faster pace
HONG KONG – Hong Kong Monetary Authority (HKMA) chief Eddie Yue said on Thursday he expects the city’s overnight and one-month interbank rate to continue …
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HKMA buys HK$9.255 billion from market as currency hits weak end of trading band
HONG KONG – Hong Kong’s de-facto central bank bought HK$9.255 billion ($1.18 billion) from the market in New York trading hours to stop the local …