*********************************************************
The following is issued on behalf of the Hong Kong Monetary Authority:
Hong Kong's banking system and financial market functioned normally today (October 3) after two local public holidays. Hong Kong dollar exchange rate has been steady with normal trading. As at 2pm today, Hong Kong dollar was trading at 7.7600 per US dollar. The interbank markets operated as usual with interbank rates at similar levels as last week. There is ample liquidity in the banking system.
The Hong Kong dollar, RMB, US dollar and Euro Real Time Gross Settlement systems functioned orderly and recorded a total turnover equivalent to HK$568 billion as at 2pm today. The Central Moneymarkets Unit operated as usual.
According to the reports to the Hong Kong Monetary Authority (HKMA) from banks as at 2pm today, the number of affected bank branches further decreased, with 11 branches of 10 banks temporarily closed at present. Meanwhile, suspensions of some banks' ATMs in the affected areas continued. Customers should pay attention to the announcements by the relevant banks. The HKMA will also publish relevant updates from time to time.
The HKMA will continue to monitor external markets and maintain close communications with banks over the weekend.
Ends/Friday, October 3, 2014
Issued at HKT 16:11
NNNN
