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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.
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's de-facto central bank stepped into the foreign exchange market on Tuesday as the currency hit the top end of its ...
Hong Kong authorities ramped up sales of the local dollar as the greenback’s slide threatened the foreign-exchange peg.
Hong Kong authorities further intervened in the market, stepping up purchases of US dollars to defend the foreign exchange ...
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 ...
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 ...
Leading local banks including HSBC, Bank of China (Hong Kong) and Standard Chartered on Thursday kept their prime lending ...
The Hong Kong dollar has recently approached the strong side of its pegged exchange rate against the US dollar, reaching the 7.75 threshold. This has led the Hong Kong Monetary Authority (HKMA) to ...
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 ...