Financial News
Written by: Zhang Weilun
2020-10-23 09:03
Last update date: 2020-10-23 09:03
The giant new stock, Ant Group, is about to be launched. Investors have increased demand for the Hong Kong dollar. The Hong Kong dollar has once again touched the strong exchange guarantee, and the Hong Kong Monetary Authority has entered the market more frequently.
The Monetary Authority entered the market again this morning to accept US dollar selling orders, undertaking US$382 million selling orders during New York trading hours, and releasing 2.96 billion yuan.
As the HKMA releases the Hong Kong dollar again, it is expected that the balance of the banking system will increase to 387.828 billion yuan on October 27.
Linked Exchange Rate System