Hong Kong currency intervention seen intensifying this month


HONG KONG: The Hong Kong Monetary Authority (HKMA) could be even busier with currency buying in September.

The city’s de facto central bank, which spent HK$33.1bil (US$4.2bil) last month as the Hong Kong dollar fell to the weak end of its trading band, will likely continue making purchases, according to analysts.

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Business , Hong Kong , currency

   

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