Home HKMA buys additional USD 300 million in HKD to defend currency peg

HKMA buys additional USD 300 million in HKD to defend currency peg

Updated: 15 Aug. 2018 | 11:58

Reuters reports that the Hong Kong Monetary Authority (HKMA) intervened again today to stem the Hong Kong dollar (HKD) fall.

HKMA buys additional USD 300 million in HKD to defend the currency peg.

Also Read:

HKMA bought HKD 2.16 billion to support its currency

HKMA says it has the ability to defend USD/HKD peg

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