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The HKD interest rate rose above 4% across the board for three consecutive trading days
On May 21, the HKD interest rate rose across the board for three consecutive trading days. Among them, the overnight interest rate rose above 4% to 4.06226%, reaching a new high of more than two weeks.
Hong Kong's GDP Growth Slows to 2.7% in Q1, Revised Figures Say
GDP during the preceding quarter rose by 4.3%, while the seasonally-adjusted GDP rose by 2.3%, the report said.
Hong Kong's GDP grew 2.7% year on year in the first quarter and remained unchanged at 2.5% to 3.5% for the whole year
On May 17, the Hong Kong Government published the “Economic Report for the First Quarter of 2024” and revised GDP figures for the first quarter of 2024.
Global central bank policies are becoming fragmented, and the foreign exchange market is surging undercurrent
The policy trends of central banks around the world are divided, and foreign exchange traders have already begun to “rub their hands.”
China's Consumer Prices Rise For Third Month in April
China's consumer prices edged up for a third straight month in April, exceeding market expectations, according to data from the National Bureau of Statistics released on Saturday. The Consumer Price I
Hong Kong's Exports, Imports Rise in March
Hong Kong's exports jumped 4.7% to HK$384.5 billion in March, compared with a 0.8% decline in February, data released by the city's census and statistics department on Thursday showed.