With continuing deflation , and looking at the matter from a macroeconomic point of view , we do not mind seeing hong kong dollar interest rates being kept low , and lower than us dollar interest rates , as the banks ponder on what to do with their surplus hong kong dollar liquidity 面对通缩持续，从宏观经济角度来分析目前的情况，我们实在不介意港元利率低企，甚至是低于美元利率，而银行则要盘算如何处理其过剩的港元流动资金。
Indeed , the behaviour of our currency , notwithstanding the background of the global economic slowdown , bears this out . the one - year forward exchange rate of the hong kong dollar against the us dollar is now at a discount of about 40 points . this means that one could buy us dollar one - year forward at an exchange rate of below or stronger than 7 . 80 , and that interest rates for the hong kong dollar for up to one year are lower than those for the us dollar 事实上，尽管全球经济正在放缓，但港元的表现已清楚说明这一点：目前1年期港元兑美元的远期汇率低水约40点子，表示可以低于7 . 80的汇率即较7 . 80强的汇率买入1年期远期美元，同时1年期或较短期限的港元利率也较相应的美元利率低。
