Asia forex intervention, HKMA buys USD

Author: Eamonn Sheridan | Category: News

The Hong Kong Monetary authority has sold HKD against USD to defend the band 

  • Sold HKD 977m
Info via Reuters.

Here you can see the USD/HKD, the HK dollar is at the strong end of its band:

The Hong Kong Monetary authority has sold HKD against USD to defend the band 


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