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HK dollar remains stable

October 03, 2014

The Hong Kong dollar remained stable in external markets over the past two public holidays in Hong Kong, trading at 7.762 per US dollar at 8am today.

 

The Monetary Authority said the Currency Board mechanism has been operating as usual and trading in Hong Kong dollar has been normal, and the Real Time Gross Settlement systems and the Central Money markets Unit will continue normal functions today.

 

According to reports the authority received from banks at 7am today, 20 branches, offices or ATMs of 16 banks are affected and will be closed temporarily until further notice. The authority and the banks will closely monitor any developments.

 

Due to the interruption to the normal distribution of bank notes and cheque clearing operations in the areas affected by protests, some ATMs in those areas have suspended services. The authority has asked banks to ensure sufficient supply of bank notes in other ATMs to cater for customers' cash withdrawal needs.

 

Customers can call bank hotlines for assistance, or browse their websites for more information.



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