progress inkey functions & responsibilities review of 2003 currency banking financial infrastructure hong kong as an international centre exchange fund monetary and stability notwithstanding heightened risks volatility investment return on amounted to hk 89 6 billion approval for personal rmb business in euro clearing system commenced operation s credit rating upgraded a1 sharing positive consumer data began 1 2 market expectations 3 board rules aggregate balance crucial component base interbank interest rates capital inflow policy options continue take us dollars passively allow increase wait rate differential reverse the enlarge by imposing a charge large balances banks negative absorb through issue paper transfer between different components introduce convertibility undertaking also strong side backing 364 assets 335 0 certificates indebtedness151 notes coins 7 4