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On Friday, the Hong Kong Monetary Authority (HKMA) intervened in the currency market, buying U.S. dollars and injecting approximately HKD 46 billion in liquidity. This move was triggered as the Hong ...
The US Dollar to Hong Kong Dollar (USD/HKD) exchange rate tested the strong point of the 7.75-7.85 trading band in May, but has since weakened sharply to 1-year lows near 7.83 following heavy ...
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