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The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA) today (June 17) published the June 2009 issue of its Quarterly Bulletin.
This issue of the Quarterly Bulletin contains the regular Half-Yearly Monetary and Financial Stability Report, which analyses recent external and domestic influences on Hong Kongˇ¦s monetary and financial systems. The Report highlights that while Hong Kong has coped relatively well with the global financial crisis, the economic outlook for the rest of 2009 remains unusually uncertain and continued vigilance is required given the uncertainty surrounding the external environment. This Quarterly Bulletin contains one feature article:
* Multi-currency cross-border payment arrangements between Hong Kong and Mainland China - explaining the mechanism of the multi-currency cross-border payment arrangements between Hong Kong and Mainland China introduced in March 2009, their usage so far and the key benefits.
The Quarterly Bulletin can be viewed on and downloaded from the HKMA website (http://www.info.gov.hk/hkma/eng/public/qb_index.htm). A separate, printed version of the Half-Yearly Monetary and Financial Stability Report (English only) may be ordered at $60 per copy. The Report may also be bought at the HKMA Information Centre on 55th Floor, Two International Finance Centre.
For further enquiries, please contact:
Thomas Chan, Communications Chief, at 2878 1480 or
Peggy Lo, Manager (Communications), at 2878 1687
Ends/Wednesday, June 17, 2009
Issued at HKT 17:35
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