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Hong Kong's de facto central bank said on Thursday it sold 1.2 billion U.S. dollars against the Hong Kong dollar, which hit ...
Hong Kong’s de-facto central bank spent more than a billion dollars propping up the city’s currency, as it sought to defend a ...
Hong Kongs de facto central bank, the Hong Kong Monetary Authority (HKMA), intervened in currency markets on Thursday by ...
The Hong Kong dollar dropped to the weak end of its fixed trading range against the greenback, as cheap funding costs ...
It fell to just 44.76 billion Hong Kong dollars ($5.7 billion) by Monday, the lowest level since November 2008. The steep fall is a sign that investors are ditching the Hong Kong dollar.
Hong Kong could succumb to pressure to drop its currency’s tie to the U.S. dollar, which Craig Stephen says makes betting against the Hong Kong peg a viable investment strategy.
The Hong Kong dollar is under attack from speculators. Like past attempts, this latest assault is based on a misunderstanding of Hong Kong’s political, economic and exchange-rate regimes.
Eddie Yue made the remarks amid recent strength in the Hong Kong dollar, which surged to a 3-1/2 year high against the U.S. currency last week, not far from testing the strong end of the system's ...
Hong Kong's de facto central bank said on Thursday it bought US$1.2 billion worth of Hong Kong dollars after the local ...
It fell to just 44.76 billion Hong Kong dollars ($5.7 billion) by Monday, the lowest level since November 2008. The steep fall is a sign that investors are ditching the Hong Kong dollar.
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