Hong Kong Monetary Authority

Hong Kong central bank keeps base rate unchanged

Hong Kong central bank keeps base rate unchanged as Fed holds steady

The Hong Kong Monetary Authority left its base rate unchanged at 4.75% on Thursday, tracking a move by the U.S. Federal Reserve to keep rates steady. Hong Kong's monetary policy moves in lock-step with the United States as the city's currency is pegged to the greenback in a tight range of 7.

scmp.com · 1d

Hong Kong keeps base rate steady at 4.75% as monetary policy takes a breather after 3 cuts

HSBC and other major banks will only announce their interest-rate decisions on Monday, the first working day of the Lunar New Year.

EconoTimes · 1d

Hong Kong Keeps Interest Rates Unchanged, Tracking Fed's Decision

The Hong Kong Monetary Authority (HKMA) maintained its base rate at 4.75% on Thursday, aligning with the U.S. Federal Reserves decision to hold rates steady. Hong Kongs monetary policy follows U.S. interest rate moves

Asian Banking & Finance on MSN1d

Hong Kong’s total deposits up 7.1% in 2024

Renminbi deposits fell, whilst RMB remittance rose in December. Total deposits with authorized institutions in Hong Kong rose ...

Hong Kong’s December mortgages shrink 21.1% as high rates drive homebuyers to sidelines

Mortgages shrank by 21.1 per cent last month to 6,306 applications from November, according to a statement by the Hong Kong ...

1don MSN

Asia-Pacific markets rise in thin-holiday trade as investors digest Fed rate pause

Asia-Pacific markets rose on Thursday despite a sharp decline on Wall Street the previous day as investors reassessed the Fed ...

Hong Kong's Exchange Fund reports fifth-best annual return despite fourth-quarter loss

The Exchange Fund, Hong Kong's financial war chest for defending the currency peg, reported a loss for the fourth quarter ...

Business Times6d

This Hong Kong newspaper seller is preparing for a yuan crash

Currency traders looking for their next big idea could do worse than talk to Wong, who runs a news stand in Hong Kong’s ...

Hang Seng Bank fined $8.5 million for investment product sales misconduct

Hong Kong's securities regulator said on Monday it had fined Hang Seng Bank HK$66.4 million ($8.52 million) for overcharging its clients while selling investment products.

Hong Kong's banks gird for leaner times ahead as 9-month profit growth slows

Hong Kong's banks posted the slowest profit growth in three years, as lower net interest margins and rising bad debts offset ...

13d

Preparing for investor protection regulations on virtual assets

Hong Kong has been relatively quick in addressing investor protection concerns related to virtual assets. We look at Hong ...

EconoTimes9h

James Conroy

EconoTimes is a global, independent publication that delivers comprehensive news, analysis, and insights on the economy, finance, and markets. Based in Korea, we offer a unique perspective on global ...

香港電台網站1d

Interest rates to be 'relatively high' for a bit: HKMA

The Hong Kong Monetary Authority on Thursday said there's a chance that interest rates in the city will remain at "relatively ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results