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HKMA Pumps HKD3.01B in Liquidity into Banking System via Discount Window
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In response to the HKD exchange rate hitting the strong-side Convertibility Undertaking, the Hong Kong Monetary Authority (HKMA) injected yesterday (3rd) HKD3.01 billion in loans into the banking system through the discount window. This move was intended to release HKD liquidity and safeguard the stability of the financial market. AAStocks Financial News |
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