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KM Financial Solutions | REFILE-Hong Kong c.bank cuts banks’ capital buffer to support economy as protests escalate
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REFILE-Hong Kong c.bank cuts banks’ capital buffer to support economy as protests escalate

14 Oct REFILE-Hong Kong c.bank cuts banks’ capital buffer to support economy as protests escalate

Posted at 05:07h in News by
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The Hong Kong Monetary
Authority (HKMA) has cut the amount of cash that banks must keep
as reserves, releasing an extra HK$200-300 billion ($25.50-38.24
billion) into the broader economy which has been hit by
months-long protests and the Sino-U.S. trade war.

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