 The Hong Kong Monetary Authority is Hong Kongs central bank. The HKMA is very quick to follow the Federal Reserve in hiking ratesThis time, no different.base rate up 50 bp to 4.75The HKD trades in a band linked to the US dollar prescribed by the HKMA. You can see the limits of the band in the chart below. If not, Ive added some arrows as a hint. ps. US stocks trading higher on Globex after the soft close. This article was written by Eam... 