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The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA) spokesman said that the interbank market functioned normally in general today (September 29). HIBOR and CNH HIBOR remained steady, and were at similar levels as last week. The banking sector has ample liquidity and does not experience any tight conditions.
As at 3pm today, the Hong Kong dollar, RMB, US dollar and Euro Real Time Gross Settlement systems recorded a total transaction volume equivalent to HK$1.25 trillion, which is about normal.
According to the reports to the HKMA from banks as at 3.30pm today, a total of 44 branches, offices or ATMs of 23 banks were temporarily closed. The number has increased since earlier today, due mainly to more suspensions in Mong Kok and Causeway Bay. Customers should pay attention to the announcements from relevant banks. The HKMA will also publish the list of affected banks on its website from time to time. The HKMA has required banks to resume normal service at the affected branches, offices or ATMs as soon as circumstances permit to minimise the inconvenience to customers.
Ends/Monday, September 29, 2014
Issued at HKT 17:16
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