• HKMA buys HK$14.868 bln as hong kong dollar hits weak end of trading range

Market news

14 February 2023

HKMA buys HK$14.868 bln as hong kong dollar hits weak end of trading range

The Hong Kong Monetary Authority has intervened in the market and this has sent the Hong Kong Dollar higher within its permitted trading range as follows: 

Hong Kong uses a linked exchange rate system, trading since May 2005 in the range US$1:HK$7.75–7.85

 

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