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The HKMA receives more than HK$6.4 billion of selling orders for the fourth time this week, and the balance will drop to 204.8 billion

2022-07-15T22:27:22.819Z

The exchange rate of the Hong Kong dollar touched the weak-side conversion level of 7.85 during the New York trading session. The HKMA announced that it would undertake a sell order of HK$6.413 billion in accordance with the Linked Exchange Rate Mechanism. The balance of the Hong Kong banking system fell to HK$204.865 billion on July 19

The exchange rate of the Hong Kong dollar hit the weak-side exchange level of 7.85 during the New York trading session. The HKMA announced that it would undertake a sell order of HK$6.413 billion in accordance with the Linked Exchange Rate Mechanism.

Taking into account this time, the HKMA has received money 18 times since May this year, with a total of about HK$132.9 billion.

This week alone, the HKMA has received money for the fourth time.

Source: hk1

All news articles on 2022-07-15

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