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Official sources confirm the Hong Kong Monetary Authority’s base rate remains 4.75% as of July 2025, contradicting reports of a decrease to 4.50% on September 18.
Accurate rate data is crucial for financial stability, impacting cryptocurrency and market risk assessments linked to Hong Kong’s monetary policy decisions.
HKMA’s Rate Decision Amidst Misinformation Concerns
Recent reports claimed the Hong Kong Monetary Authority (HKMA) had lowered its benchmark interest rate to 4.50%. However, official documentation from HKMA maintains the rate at 4.75%, challenging these assertions. Eddie Yue, Chief Executive, Hong Kong Monetary Authority, noted, “The Hong Kong Monetary Authority (HKMA) announced today (19 September) that the Base Rate has been set at 5.25% with immediate effect according to a pre-set formula.” Read more here
The discrepancy highlights a difference between official statements and reported news, raising concerns about the accuracy of the latter. This emphasizes the need for reliance on primary sources for financial accuracy.
No significant reactions from major crypto influencers were recorded regarding these reports. However, the broader financial community remains vigilant about any misinformation potentially affecting market stability.
Ethereum’s Performance and Historical Rate Context
Did you know? Past HKMA adjustments have been prompted by US Fed actions. The last similar instance was in September 2024, reducing rates in sync with Fed policy.
According to CoinMarketCap data, Ethereum (ETH) stands at $4,599.82, reflecting a daily gain of 1.89%. Its market cap reaches $555.22 billion, with a robust trading volume of $47.19 billion, indicating substantial market activity. Its 90-day growth marks an impressive increase of 82.01%.
Research insights from the Coincu team suggest the HKMA announcement reinforces market understanding of rate policies. Historical patterns indicate such announcements can stabilize expectations and reduce volatility, particularly following misinformation periods. Explore more
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/markets/hong-kong-monetary-authority-rate/