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Hong Kong Monetary Authority Hires Primary Liquidity Providers
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07:02 AM EDT, 10/23/2026 (MT Newswires) -- The Hong Kong Monetary Authority engaged 12 banks as primary liquidity providers for offshore renminbi market in Hong Kong, according to a Friday notice. The banks, including BNP Paribas (BNP.PA), Standard Chartered's (STAN.L) Standard Chartered Bank (Hong Kong) and Deutsche Bank (DBK.F), were designated for a two-year term, starting Oct. 27.
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