Journal Call no. | HG1302.Q37 |
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Article Title | Operation of monetary policy / Monetary Management Department. |
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Is Part Of | Quarterly bulletin / Hong Kong Monetary Authority ; no.1, Nov 1994, p.43-47, illus. |
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Abstract | During the September quarter of 1994 the Hong Kong dollar traded in a narrow range close to the linked rate and depreciated slightly in trade-weighted terms. Rises in US interest rates were followed by rises in local rates. The first batch of Exchange Fund notes to mature after the change of sovereignty in 1997 were favourably received. |
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