The rupee is overvalued; in 2025, the Reserve Bank of India may relax Forex controls.

Economists indicate that the Reserve Bank of India will need to reconsider its Forex strategy and relax control over the Indian Rupee in 2025, as the Rupee is at its strongest level against Other currencies in at least 20 years when calculated on a trade-weighted basis.

Zhitong FinanceDec 30 20:44

Indian Central Bank Seen Loosening Stranglehold on Rupee in 2025

Yahoo FinanceDec 30 15:21

The new investment immigration plan is expected to attract over 22 billion Hong Kong dollars to Hong Kong.

Hong Kong restarted its investment immigration program this March. As of the 13th of this month, 753 applications have been received, of which 695 have been verified to meet the net Assets requirements. 595 applications have received preliminary approval from the Hong Kong Immigration Department, allowing applicants to personally travel to Hong Kong for investment. Data from the Hong Kong Investment Promotion Agency indicates that 202 applications have been verified to meet investment requirements, with 175 officially approved by the Hong Kong Immigration Department, meaning that the investment has been completed. Among them, 138 applicants have already traveled to Hong Kong, and 119 of them have brought their dependents.

Gelonghui FinanceDec 30 11:07

Rupee Set to Extend Recovery on RBI-motivated Dollar-long Liquidation

Yahoo FinanceDec 30 10:59

Weak Rupee Makes Indian Stocks a Tough Sell

BNN BloombergDec 30 10:56

Paul Chan Mo-po: The economic growth of Hong Kong is expected to be 2.5% in 2024.

The Financial Secretary of Hong Kong, Paul Chan Mo-po, stated in a blog that the economic growth for Hong Kong in 2024 is expected to be 2.5%, the unemployment rate will remain at a low level of approximately 3.1%, inflation is mild, and citizens' income has recorded a real increase.

Zhitong FinanceDec 30 07:12