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HKMA: HKD strength shows continuing inflows

Hong Kong Monetary Authority (HKMA), the city central bank, said in a statement on Thursday, Hong Kong dollar (HKD) hitting a strong side of the trading band indicates continuing inflows of funds.

Further comments

“This shows dollar peg’s effective operation, confidence in Hong Kong’s currency and financial system. “

“City’s fx and money markets have continued to operate smoothly.”

 

more to come …

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