Linked Exchange Rate System

New Business

Breaking | Hong Kong follows US in quarter-point interest rate cut to reduce loans cost for borrowers

Hong Kong’s de facto central bank cut the base interest rate for the second time in six weeks, further reducing…

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New Business

Developing | Hong Kong cuts base rate for the first time in 2025, matching the Fed’s move amid weak US jobs

Hong Kong’s de facto central bank cut the city’s base rate for the first time this year, bringing down the…

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New Business

Hong Kong leaves base rate unchanged at 4.75% as US Fed defies Trump’s rate-cut pressure

The Hong Kong Monetary Authority (HKMA) kept its base rate unchanged in lockstep with the US Federal Reserve, after the…

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New Business

HKMA keeps base rate steady in lockstep with Fed’s defiance of Trump’s push amid trade war

The HKMA maintained the base rate at 4.75 per cent on Thursday after the Fed left its target in a…

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New Business

Explainer | What’s in store for homebuyers as HKMA intervenes in currency market

The Hong Kong Monetary Authority (HKMA) intervened in the foreign exchange market over the past week to rein in the…

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