Jinshi data, January 30, the Hong Kong Monetary Authority said that the operation of Hong Kong's financial and [money market] ( #) remains smooth, market liquidity is stable, and the Hong Kong dollar exchange rate is stable. The Hong Kong dollar interbank interest rate generally tends to approach the US dollar interest rate under the linked exchange rate system, while the short-term interbank interest rate is also affected by local market Hong Kong dollar funding supply and demand, such as seasonal factors and capital market activities. It is expected that the interest rate in Hong Kong may remain at a relatively high level for a visible period of time, while the magnitude and pace of future interest rate cuts in the United States are highly uncertain. The Monetary Authority will continue to closely monitor market changes and maintain currency and financial stability.
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Jinshi data, January 30, the Hong Kong Monetary Authority said that the operation of Hong Kong's financial and [money market] ( #) remains smooth, market liquidity is stable, and the Hong Kong dollar exchange rate is stable. The Hong Kong dollar interbank interest rate generally tends to approach the US dollar interest rate under the linked exchange rate system, while the short-term interbank interest rate is also affected by local market Hong Kong dollar funding supply and demand, such as seasonal factors and capital market activities. It is expected that the interest rate in Hong Kong may remain at a relatively high level for a visible period of time, while the magnitude and pace of future interest rate cuts in the United States are highly uncertain. The Monetary Authority will continue to closely monitor market changes and maintain currency and financial stability.