Hong Kong’s local interest rates have failed track US rates higher since the Fed began tightening in December, 2016. Photo: Shutterstock

HKMA intervenes for a third day amid persistently weak currency

Topic |   Currencies

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Hong Kong’s local interest rates have failed track US rates higher since the Fed began tightening in December, 2016. Photo: Shutterstock
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Karen Yeung

Karen Yeung

Karen Yeung joined the Post in 2017 after more than 15 years' experience on global newswires in Hong Kong and Shanghai. She spent eight years in Shanghai and has received awards for best feature, analysis and agenda-setting.