HKMA: Will continue to closely monitor any possible impact of the spread of the novel coronavirus

Dhwani Mehta FXStreet

Reuters reports the latest statement from the Hong Kong Monetary Authority (HKMA), Hong Kong's currency board and de facto central bank, with the key headlines found below.

Hong Kong’s foreign exchange and money markets have been operating smoothly.

It will continue to closely monitor market developments, including any possible impact of the spread of the novel coronavirus.

Financial markets in Hong Kong saw some volatility recently, Hong Kong dollar exchange rate and interbank interest rates have remained largely stable.

The benchmark Hang Seng Index slides by 1.70%, or 460 points at 26,690 levels.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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