Hong Kong $1,000 dollar banknotes. Photo: SCMPOST
Karen Yeung
Opinion

Opinion

Across The Border by Karen Yeung

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

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Hong Kong $1,000 dollar banknotes. Photo: SCMPOST
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