HONG KONG: Hong Kong intervened again to defend its currency peg as the greenback rallied after US-China trade talks yielded no progress.
The Hong Kong Monetary Authority (HKMA) bought HK$1.77bil (US$225mil) during New York trading hours on Thursday, according to the de facto central bank’s page on Bloomberg.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
