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Hong Kong Buys $2 Billion to Keep the City’s Currency Pegged
Bloomberg The Hong Kong Monetary Authority said it bought $1.2 billion late Tuesday at HK$7.75 a dollar, the upper limit of a band that triggers intervention, taking today’s injection to $2 billion. It last intervened in April, buying $9.2 billion in total … Hong Kong banks launch hotlines to fight back against torrent of phone scams …South China Morning Post (subscription) HKMA sells HK$6.2 bln to keep Hong Kong dollar in trading bandReuters PRESS DIGEST- Hong Kong – Sept 1Daily Mail WTHR –Economic Times –RTT News all 36 news articles |
From:: Hong Kong News By Google News
Zennie Abraham | Zennie Abraham or “Zennie62” is the founder of Zennie62Media which consists of zennie62blog.com and a multimedia blog news aggregator and video network, and 78-blog network, with social media and content development services and consulting. Zennie is a pioneer video blogger, YouTube Partner, social media practitioner, game developer, and pundit. Note: news aggregator content does not reflect the personal views of Mr. Abraham.