Hong Kong $1,000 dollar banknotes. Photo: SCMPOST
Opinion
Opinion
Across The Border
Hong Kong dollar set for biggest monthly advance in 18 months as central bank drains funds
In a pre-emptive move ahead of expected US rate rise, analysts are betting Hong Kong Monetary Authority to continue withdrawing liquidity from the banking system to ensure higher HK dollar interest rates
Hong Kong $1,000 dollar banknotes. Photo: SCMPOST