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.
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »