HKMA buys HK$4.7 billion from market as currency hits weak end of trading band

📆 3/05/2023 8:56 p. m.
📰 ChannelNewsAsia

⏱ Reading Time:
15 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 66%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

HONG KONG : Hong Kong's de-facto central bank bought HK$4.671 billion ($595.12 million) from the market in New York trading hours to stop the local currency weakening and breaking its peg to the U.S. dollar. The Hong Kong dollar is pegged to a tight band of between 7.75 and 7.85 versus the U.S. dollar.

HONG KONG : Hong Kong's de-facto central bank bought HK$4.

671 billion from the market in New York trading hours to stop the local currency weakening and breaking its peg to the U.S. dollar.The aggregate balance - the key gauge of cash in the banking system - will decrease to HK$44.527 billion on May 5, an HKMA spokesperson said on Thursday.

Escribir Comentario

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Ex-TVB actor Oscar Leung has a thriving luxury watch business, wears a Rolex worth S$118KThe 44-year-old Hong Kong star is reaping plentiful rewards from his side hustles.
Fuente: TODAYonline - 🏆 1. / 99 Leer más »