HKMA’s update on the operation of the banking system and financial market (8)

The HKMA spokesman said that last week, the banking system and the financial market continued to function normally.

Hong Kong dollar was trading at around 7.760 levels per US dollar.  There was ample liquidity in the interbank markets and interbank rates remained steady.  The Real Time Gross Settlement systems and Central Moneymarkets Unit operated smoothly with normal turnover.

According to the reports to the HKMA from banks as at 7am today (6 October), 7 branches of 7 banks were affected and remained temporarily closed.  Some of the suspended ATMs in the affected areas have resumed normal operation while some were still closed.  The HKMA has requested banks to resume normal services as soon as circumstances permit.  Customers should pay attention to the relevant banks’ announcements regarding affected branches and ATMs.  The HKMA will also publish on its website relevant updates from time to time.

Hong Kong Monetary Authority
6 Octorber 2014