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Hong Kong's currency defence kills fixed-rate mortgage market The HSBC Holdings headquarters building in the central district of Hong Kong. The mortgage market in Hong Kong is dominated by the city's biggest banks, led by HSBC and BOC Hong Kong, with the top three having a combined market share of 63% in terms of the number of loans extended for ...
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Cash-and-carry The Rs 2-trillion question is why is there a shortage of currency in certain parts of the country — manifested in ATMs running out of cash — despite the RBI's claim "there is sufficient cash in its vaults and currency chests". The central bank has also stated that printing of notes has been ramped up in all its ...
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