Due to the HKD touching the weak-side convertibility undertaking, the Hong Kong Monetary Authority (HKMA) has bought HKD equivalent to HKD9.42 billion in the market for the first time since 2023. The spot USD T/T rate last reported at 7.8490.Next Monday (30th), the balance of the banking system of Hong Kong was expected to be HKD164.098 billion.Related NewsDurable Goods Orders MoM for May in United States is 16.4%, higher than the previous value of -6.6%. The forecast was 8.5%.