Money exchange of Hong Kong dollar to US dollars in Wan Chai on 9 March 2018. Photo: Jonathan Wong Money exchange of Hong Kong dollar to US dollars in Wan Chai on 9 March 2018. Photo: Jonathan Wong
Money exchange of Hong Kong dollar to US dollars in Wan Chai on 9 March 2018. Photo: Jonathan Wong

Countdown begins to the window closing on this bullish Hong Kong dollar trade as interest rate gap with US markets narrows

  • Local interest rates will fall at a faster pace once a measure of the city’s liquidity pool exceeds HK$100 billion (US$12.9 billion), according to Bank of America
  • The result would be a narrowing of the Hong Kong dollar’s yield advantage over the US dollar, which has persisted since November

Topic |   Currencies
Money exchange of Hong Kong dollar to US dollars in Wan Chai on 9 March 2018. Photo: Jonathan Wong Money exchange of Hong Kong dollar to US dollars in Wan Chai on 9 March 2018. Photo: Jonathan Wong
Money exchange of Hong Kong dollar to US dollars in Wan Chai on 9 March 2018. Photo: Jonathan Wong
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