Hong Kong Steps In to Defend Its Currency Peg Again

Hong Kong stepped in to defend its currency peg for the first time in almost a month. The Hong Kong Monetary Authority mopped up HK$1.57 billion ($200 million) of local dollars overnight after the currency fell to the weak end of its trading band.
( read original story …)


Related Post

DBS Hong Kong kicks off “Live more, bank less” reb...
views 11
DBS Hong Kong’s rebrand campaign “Live more, Bank ...
China threatens to ban Hong Kong’s independe...
views 12
"Hong Kong has freedom of association, but that ri...
Hong Kong: HANG SENG INDEX (.HSI) disruptions in g...
views 13
positives, but a sharp China growth slowdown would...
STX’s Hong Kong IPO Could Come as Soon as Au...
views 19
A successful offering in Hong Kong would make STX ...
Didi seeks $1.5 billion car services spinoff ahead...
views 20
HONG KONG (Reuters) - Chinese ride-hailing giant D...
Hollywood studio STX poised to be first US firm to...
views 19
STX Productions LLC, the Hollywood studio behind J...
Hong Kong’s Fight for IPOs
views 19
Now, with the first half of 2018 already in the pa...
Singapore sovereign wealth fund GIC to invest US$7...
views 19
Ascletis Pharma, the first biotechnology firm to f...
STX eyes August IPO on Hong Kong Stock Exchange
views 20
STX Entertainment could go public as soon as Augus...
Pro-independence Hong Kong party faces possible ba...
views 22
Chan said he suspected the proposed ban is related...