The bank’s Hong Kong branch and the EDB will explore liquidity management and renminbi hedging to support trade and capital flows between Central Asia and Apac.
As the Democrats win back Congress, falling US Treasury yields and a softer dollar offer relief to Asian companies, however there is uncertainty over interest rates and tariffs.
Industry participants are moving tokenisation into live treasury and investment workflows, as the HKMA also advances digital securities settlement and cross-border payment connectivity.
State Bank of Pakistan announces second rate rise of 2026 as the Middle East conflict remains unresolved; meanwhile, New Zealand’s central bank held rates, as has the US Fed.
A MAS initiative aims to bring policymakers together with banks, payment networks and tech providers to develop standards for cross-border tokenised deposits and stablecoins.
The bank unexpectedly raised its policy rate to 5.5% to curb inflation amid tensions in the Middle East and a strong El Niño; in contrast, Kazakhstan's central bank has cut rates.
Geopolitical shocks and technology threats are becoming interconnected, requiring treasury teams to sharpen cash visibility and use AI within risk frameworks, according to a senior panel.