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HKMA warns of uncertainties after raising rates

The chief executive of the Hong Kong Monetary Authority (HKMA), Eddie Yue, on Thursday warned about considerable uncertainties over the city's future borrowing costs, though he noted the SAR's bad…

  • HKMA raises base rate by 0.25 percentage points to 4.25%
  • HKMA warns of uncertainties in Hong Kong's interest rate environment
  • Authorities increasing gold holdings to reduce risks and diversify investments

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