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The Hong Kong Monetary Authority has sold over a 100 billion in Hong Kong dollars in the foreign-exchange market this month.
Hong Kong's de-facto central bank stepped into the foreign exchange market on Tuesday as the currency hit the top end of its ...
Demand for the Hong Kong dollar hasn’t been this strong since Ant Group planned the world’s biggest IPO in the city almost ...
Hong Kong authorities ramped up sales of the local dollar as the greenback’s slide threatened the foreign-exchange peg.
The Hong Kong dollar tested the strong end of its allowable trading band for a second session Monday, as regional currencies ...
Hong Kong's de-facto central bank said it sold HK$46.54 billion ($6 billion) into the market on Saturday to prevent the local ...
These declines reflect a broader easing in interbank borrowing costs across the Hong Kong market. The significant drop in HIBOR rates has several implications for the Hong Kong economy. For one, lower ...
One of the most notable trends in Hong Kong's financial landscape is the substantial decline in interbank lending rates. According to Lin Junkhung, this downward trend has created a compelling ...
NEW YORK] The Hong Kong dollar’s funding costs plunged the most since 2008, as the monetary authority’s intervention to ...
The Hong Kong Monetary Authority has sold over a 100 billion in Hong Kong dollars in the foreign-exchange market this month, as the Hong Kong currency’s strength threatens its peg to the U.S ...
An official at the HKMA’s New York Representative Office confirmed to Bloomberg it had bought around US$6 billion ($7.79 ...