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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.
The strong side convertibility undertaking, which obligates the HKMA to purchase USD and issue HKD base money, does not face constraints like foreign reserve availability that might apply on the weak ...
The Hong Kong Monetary Authority (HKMA) on Tuesday said it bought HK$60.5 billion against the Hong Kong dollar on Tuesday ...
Hong Kongs de-facto central bank, the Hong Kong Monetary Authority (HKMA), intervened in the foreign exchange market on ...
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 ...
The strong side convertibility undertaking, which obligates the HKMA to purchase USD and issue HKD base money ... s discretion in managing the currency peg. The LERS mechanics dictate that ...
The Hong Kong dollar’s rally to HK$7.75 triggered intervention from the HKMA to sell Hong Kong dollars to defend the currency’s peg to the greenback, Mizuho Securities Asia’s Ken Cheung said ...