Following the 25-basis point upward adjustment in the target range for the US federal funds rate on 26 July

The Federal Open Market Committee (FOMC) of the Federal Reserve (the Fed) announced a rate hike of 75 basis points at the early hours today (Hong Kong time) after its two-day meeting, raising the target range for the federal funds rate to 3.75-4%. The HKMA has adjusted the Base Rate upward by 75 basis points to 4.25% according to the established mechanism with immediate effect.

The Central Bank of the United Arab Emirates said on Wednesday it was hiking its base rate by three quarters of a percentage point to 3.15% effective from Thursday, moving in parallel with the U.S. Federal Reserve's third straight hike of that size as its currency is pegged to the dollar.

The HKMA has adjusted the Base Rate upward by 75 basis points to 2.75% according to the established mechanism with immediate effect.

The HKMA has adjusted the Base Rate upward by 50 basis points to 1.25% according to the established mechanism with immediate effect.

The Federal Open Market Committee of the Federal Reserve (US Fed) announced a rate hike in the early morning today (Hong Kong time) following its two-day meeting, raising the target range for the federal funds rate by 25 basis points to 0.25-0.5%. In accordance with the established mechanism, the HKMA has raised the Base Rate for the Discount Window by 25 basis points to 0.75% with immediate effect.