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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.

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