The Hong Kong Monetary Authority (HKMA) sold HK$1.821 billion ($234.84 million) worth of Hong Kong dollars in New York trading hours after the currency hit the strong side of its trading band.
The aggregate balance - the key gauge of cash level in the banking system - will increase to HK$66.795 billion on April 24, 2020, a HKMA spokesman said. The Hong Kong dollar
HKMA sold a total HK$4.34 billion ($560 million) worth of Hong Kong dollars on Tuesday and in New York trading hours after the currency hit the strong side of its trading band.
(Reporting by Donny Kwok)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 1.08 USD | 0.00% | -0.49% | - | ||
| 5.674 HKD | -0.03% | -1.08% | - | ||
| 8.438 HKD | 0.00% | -0.48% | - | ||
