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As HKD Hits Strong-Side Peg, HKMA Injects HKD12.788B into Mkt Again
As the HKD's strong-side convertibility undertaking was triggered again during Hong Kong trading hours, the Hong Kong Monetary Authority (HKMA) intervened at the 7.75 exchange ...
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As HKD Hits Strong-Side Peg, HKMA Injects HKD12.788B into Mkt Again
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As the HKD's strong-side convertibility undertaking was triggered again during Hong Kong trading hours, the Hong Kong Monetary Authority (HKMA) intervened at the 7.75 exchange rate, undertaking a USD1.65 billion sell order.

The total balance of the banking system in Hong Kong will increase by HKD12.788 billion to HKD174.1 billion on May 8, 2025.

Related NewsAPI Crude Oil Stock Change for May/02 in United States is -4.49M, lower than the previous value of 3.76M. The forecast was -2.5M.

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