HKMA Leaves Interest Rate Unchanged at 4.25 Percent

The Hong Kong Monetary Authority kept its base interest rate steady at 4.25 percent. This follows the United States Federal Reserve decision to hold rates. Hong Kong maintains its policy in lock-step with the US due to the local currency peg.

Xurve View
Insights:
An attendant walks outside the entrance to Hong Kong Monetary Authority in Hong Kong, China November 10, 2015. Picture taken November 10, 2015. REUTERS/Bobby Yip

Hong Kong kept its base interest rate unchanged at 4.25% on Thursday morning, matching the latest policy hold by the United States.