The Hong Kong Monetary Authority (HKMA) sold HK$10.672 billion ($1.38 billion) worth of Hong Kong dollars in New York trading hours after the local currency hit the strong end of its trading band.
The aggregate balance - the key gauge of cash in the banking system - will increase to HK$84.713 billion on April 29, a HKMA spokesman said. The Hong Kong dollar
($1 = 7.7500 Hong Kong dollars)
(Reporting by Twinnie Siu and Donny Kwok, editing by Louise Heavens)
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% | - | ||
