HONG KONG: The Hong Kong Monetary Authority (HKMA) has announced on Saturday (June 6) that it sold HK$8.758 billion ($1.13 billion) worth of Hong Kong dollars on Friday after the currency hit the strong end of its trading band against the US dollar.
The de facto central bank sold HK$4.883 billion during New York trading hours after selling HK$3.875 billion during Asia trading, according to data released by the HKMA
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