News Formal

HKMA buys HK$1.92 billion from market as currency hits weak side of trading band

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

Россия Новости Новости

Россия Последние новости,Россия Последние новости

HONG KONG : Hong Kong's de-facto central bank bought HK$1.923 billion ($245 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$1.

923 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$153.579 billion on Aug 2, an HKMA spokeswoman said on Saturday.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 6. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Hong Kong finance chief says property market remains resilientHONG KONG : Hong Kong Financial Secretary Paul Chan said on Thursday the property market remains resilient although sentiment will be dented by increased mortgauge payments amid higher interest rates. Chan was speaking after the city's de facto central bank raised its base rate charged through the overnig
Источник: ChannelNewsAsia - 🏆 6. / 66 Прочитайте больше »