The Hong Kong Monetary Authority lifts rates by 25 BPs – by fx_ross HongKongSAR CentralBanks
´´Hong Kong's monetary policy moves in lock-step with the U.S. as the city's currency is pegged to the greenback in a tight range of 7.75 to 7.85 per dollar.
"The Fed's rate-hike decision is consistent with market expectation, but there will continue to be considerable uncertainties on the interest rate path in the US," HKMA said in a statement.´´Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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