UPDATE 1-HKMA intervenes again as Hong Kong dollar weakens, buys HK$6.2 bln
16 Apr UPDATE 1-HKMA intervenes again as Hong Kong dollar weakens, buys HK$6.2 bln
Posted at 13:36h
in
News
by KMFSLLP
HONG KONG/NEW YORK, April 17 (Reuters) – The Hong Kong
Monetary Authority (HKMA) stepped into currency markets again on
Tuesday, buying an additional HK$6.2 billion ($790 million) as
its currency repeatedly hit the weak end of its trading band.
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