Eddie Yue, chief executive of the HKMA, said rate hikes in the U.S. will not affect the financial and monetary stability of Hong Kong.
"Our monetary and financial markets continue to operate in a smooth and orderly manner," he said, noting that the linked exchange rate system also continues to work well.
The base rate is the interest rate forming the foundation upon which the discount rates for repurchase transactions through the discount window are computed.
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