Products You May Like
The Hong Kong Monetary Authority (HKMA) bought Hong Kong dollars again, during New York trading hours Wednesday
- Bought HK 5bn-odd
- The HKdollar had weakened to its lowest permitted in the band (7.85)
- The HKMA says they will intervene if that happens, so they did
The Hong Kong Monetary Authority act as the central bank in HK
This article was originally published by Forexlive.com. Read the original article here.