Hong Kong Interest Rate Decision
Interest rates are set in Hong Kong by the Hong Kong Monetary Authority (HKMA). The primary interest rate is the Base rate, which is modified in response to changes in the dollar's demand or supply in Hong Kong.
A higher than expected figure should be seen as positive (bullish) for the HKD while a lower than expected figure should be seen as negative (bearish) for the HKD.
News (HKD)
Hong Kong Private Sector Swings To Expansion - S&P Global
The private sector in Hong Kong moved into expansion in March, the latest survey from S&P Global revealed on Friday with a PMI score of 50.9.
RTTNews | 20 days ago
Hong Kong Private Sector Slumps In February - S&P Global
The private sector in Hong Kong continued to contract in February, and at a faster pace, the latest survey from S&P Global revealed on Tuesday with a PMI score of 49.7.
RTTNews | 51 days ago
Hong Kong Scraps Property Curbs; Lifts Tax On High Income Earners
Hong Kong Financial Secretary Paul Chan on Wednesday scrapped measures intended to cool the property market, and raised the tax on high income earners to plug the hole in the budget. In the Budget Speech, Chan estimated economic growth of 2.5- 3.5 percent in 2024 after posting an expansion of 3.2 percent in 2023.
RTTNews | 56 days ago
