HONG KONG, Sept 18 (Reuters) - The Hong Kong Monetary
Authority sold HK$5.425 billion ($700 million) into the market
after the local currency hit the strong end of its trading band,
according to data released by the HKMA.
The aggregate balance - the key gauge of cash in the banking
system - will increase to HK$221.342 billion ($28.56 billion) on
September 22, HKMA said on Friday.
The Hong Kong dollar is pegged in a narrow range of
7.75-7.85 to the U.S. dollar. The HKMA has been conducting sales
in recent sessions to weaken the currency to keep it within that
($1 = 7.7500 Hong Kong dollars)
(Reporting by Meg Shen and Donny Kwok; Editing by Toby Chopra)