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 Central Bank Hikes Key Rate
Hong Kong's central bank raised its benchmark rate by a quarter-point on Thursday, in tandem with the decision of the US Federal Reserve. The Hong Kong Monetary Authority adjusted the Base Rate to 5.75 percent from 5.50 percent, with immediate effect.
RTTNews | 127 days ago
Hong Kong Private Sector Tapers In June - S&P Global
The private sector in Hong Kong continued to expand in June, albeit at a slower pace, the latest survey from S&P Global revealed on Wednesday with a services PMI score of 50.3.
RTTNews | 149 days ago
Hong Kong Private Sector PMI Falls To 50.6 In May - S&P Global
The private sector in Hong Kong continued to expand in May, albeit at a slower pace, the latest survey from S&P Global showed on Monday with a private sector PMI score of 50.6.
RTTNews | 179 days ago
