Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

Hong Kong's central bank sells HK$1.163 billion as HKD firms to trading limit

08/04/2020 | 03:37am EDT
A security guard walks past a directory board of Hong Kong Monetary Authority (HKMA) in Hong Kong

The Hong Kong Monetary Authority (HKMA) sold HK$1.163 billion ($150.06 million) into the market on Tuesday as the local currency strengthened to the limit of its trading range, according to data released by the central bank.

The HKMA has been conducting sales in recent sessions to keep it within the band. The Hong Kong dollar <HKD=D3> is pegged to the greenback at 7.75-7.85 per U.S. dollar.

(Reporting by Twinnie Siu and Noah Sin; Editing by Andrew Heavens)


ę Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
CANADIAN DOLLAR / HONGKONG-DOLLAR (CAD/HKD) -0.04% 6.2762 Delayed Quote.3.16%
EURO / HONGKONG-DOLLAR (EUR/HKD) -0.08% 9.01564 Delayed Quote.-4.47%
Latest news "Economy & Forex"
05:53pStocks gain as upbeat Wall St earnings lift outlook
RE
05:45pAIG names new CFO with life and retirement unit split under way
RE
05:41pGM, Ford 'safer bets' than Tesla -investor
RE
05:36pDogecoin Gained 2.31% to $0.266 at 5 p.m. ET -- Data Talk
DJ
05:36pEthereum Gained 2.90% to $4180.80 at 5 p.m. ET -- Data Talk
DJ
05:36pBitcoin Gained 2.33% to $62546.08 at 5 p.m. ET -- Data Talk
DJ
05:34pUK's Sunak to unfreeze public sector wages, Treasury says
RE
05:33pFacebook ceo zuckerberg - we are seeing a coordinated effort to selectively use leaked documents to paint a false picture of co (corrects spelling of 'paint', removes extraneous word)
RE
05:33pZuckerberg says on track to spend $5 billion on safety and security in 2021 - conf call (removes extraneous word)
RE
05:33pFacebook ceo - will be able to navigate revenue headwinds with new investments-conf call
RE
Latest news "Economy & Forex"