A Changing Payment Landscape in Hong Kong?
Chart 1: NIC from 2000 to 2020 (in HKD billion).
The Hong Kong Monetary Authority (HKMA) monitors payments closely. During 2020 there were some interesting variations that HKMA will track in 2021. The priority for 2021 will be to monitor and understand what is happening across a range of indicators so that HKMA can manage the appropriate supply of banknotes.
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