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HKMA Quarterly Bulletin (June 2010 Issue)
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The following is issued on behalf of the Hong Kong Monetary Authority:

     The Hong Kong Monetary Authority (HKMA) today (June 15) published the June 2010 issue of its Quarterly Bulletin.

     This Quarterly Bulletin carries a feature article on the implications of a renminbi appreciation for inflation in Hong Kong.  The article analyses the effects of a renminbi appreciation on Hong Kong's inflation through changes in import prices, aggregate demand, and liquidity conditions and asset prices.

     The Bulletin also carries regular articles on the global and local economy, and the banking and monetary environment during the first quarter of 2010.

     The Quarterly Bulletin can be viewed on and downloaded from the HKMA website at www.info.gov.hk/hkma/eng/public/qb_index.htm .

For further enquiries, please contact:
Yokee Wong, Manager (Communications), at 2878 1213
Anissa Wong, Manager (Communications), at 2878 1802

Ends/Tuesday, June 15, 2010
Issued at HKT 16:18

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