HONG KONG (Reuters) - A weak Hong Kong dollar and capital outflows have pushed the city's interbank rates to 14-year highs and drained cash levels to their lowest in two years, sparking investor ...

HONG KONG (Reuters) - Hong Kong's de-facto central bank bought HK$3.054 billion ($389.1 million) from the market in New York trading hours to stop the local currency from breaking below its peg to the ...

The aggregate balance of Hong Kong's banking system remains stable, and US interest rate hikes won't affect Hong Kong's currency or its financial stability, a spokesperson for the Hong Kong Monetary ...

The Hong Kong Monetary Authority, the city’s de facto central bank, has spent HK$70.35 billion (US$6.5 billion) in the past five weeks out of its US$440 billion in foreign reserves to defend the local ...

City’s aggregate cash balance has dwindled to HK$165 billion Aggregate balance likely to fall below HK$100 billion: Mizuho A measure of Hong Kong’s interbank liquidity halved in the past two months, ...

The recent weakness in USD triggered the so-called “Asian Financial Crisis in reverse.” Taiwan dollar notably surged 10% against the USD. What happened alongside the TWD appreciation was an outsized ...