3
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
($million)
Opening balance in the account
1,962
09:30
NIL
Closing balance in the account Change attributable to:
Money market activity
1,842
10:00
NIL
11:00
NIL
NIL
11:30
NIL
LAF today
-120
LAF rate 4.00% bid/6.00% offer TWI 124.1 *+0.1* 7.9.96
End
Governor's "Letter to Hong Kong"
The following is the full text of the Governor, the Rt Hon Christopher Patten's broadcast on RTHK's "Letter to Hong Kong" this (Sunday) morning:
Well, that wasn't a bad August for Hong Kong, was it?
-
The weather was less fierce than it's sometimes been in recent years. And we covered ourselves in glory on the sporting field or, in the most celebrated case, sporting water. Everyone in Hong Kong is specially proud of our Paralympics and Olympics teams for all of whom I gave a government reception this week. They did marvellously well. We think above all of course of Lee Lai-san who won a gold medal in the Olympics, and Benny Cheung Wai-leung who won 4 gold medals in the Paralympics. But I'm sure that they would be the first to say that every member of both teams deserved a big pat on the back for trying their best and doing their best for Hong Kong.