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Foreign Exchange Market Update

Foreign Exchange Market Update

Please call the FX Department at 626-279-3235 for the most current rate.

November 18, 2025

Bar graph shows overnight changes in major currencies around the world

 

Hong Kong Jobless Rate Falls to 3.8%

Hong Kong's unemployment rate decreased slightly in the period from August to October. The seasonally adjusted unemployment rate stood at 3.8% in August to October, down from 3.9% in the July to September period. The underemployment rate remained stable at 1.6%. Without adjustment, the unemployment rate dropped to 3.9% from 4.1%. The number of unemployed people was 149,600, compared to 155,600 in the July to September period.

The unemployment rate increased in many major economic sectors, with more distinct increases observed in the retail, accommodation, and food services sector; the professional and business services sector; the foundation and superstructure sector; and the financing sector. Looking ahead, the solid expansion of the economy, along with the steadfast improvement in business sentiment and the gradual recovery in consumption confidence, should provide support to the labor market. 11/18/2025 - 03:53:00 (RTTNews)


This market update is prepared by Cathay Bank for informational purposes only and does not constitute any form of legal, tax or investment advice, nor should it be considered an assurance or guarantee of future exchange rate movements or trends. This information is provided without regard to the specific objectives, financial situations or needs of any recipient. Cathay Bank does not make any representations or warranties about the accuracy, completeness or adequacy of this market update.

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