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Hong Kong Exchange continues to be strong, the HKMA re-enters the market and injects HK$496 million

2020-08-05T01:31:42.185Z


The Hong Kong exchange rate continued to be strong. The Hong Kong Monetary Authority undertook US$64 million in exchange guarantees for strong parties at 7.75 during New York trading hours, releasing HK$496 million to the market. This Thursday (6th) Hong Kong's banking system aggregate balance will increase to 1,877.32


Financial News

Written by: Huang Jie

2020-08-05 09:16

Last update date: 2020-08-05 09:16

The Hong Kong exchange rate continued to be strong. The Hong Kong Monetary Authority undertook US$64 million in exchange guarantees for strong parties at 7.75 during New York trading hours, releasing HK$496 million to the market.

This Thursday (6th) the aggregate balance of the Hong Kong banking system will increase to HK$187.732 billion.

The Hong Kong exchange rate is still at a strong exchange guarantee level of 7.7502 Hong Kong dollars to one US dollar.

Hong Kong Monetary Authority

Source: hk1

All news articles on 2020-08-05

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