The Hong Kong Monetary Authority said in a statement that due to the continuing interest rate spread between the Hong Kong dollar and the US dollar, arbitrage trading activities may cause the Hong Kong dollar to gradually weaken. The outlook for HKD and interbank interest rates depends on risk appetite, capital markets and seasonal factors. Hong Kong's money and financial markets continue to operate in an orderly manner. There is considerable uncertainty about the adjustment of interest rates in the US. The Hong Kong Monetary Authority urges the public to carefully manage interest rate risks in real estate, investments and loans.

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