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MARKET

Hong Kong dollar edges closer to weak side of US peg

MARKET
16-06-2025 16:54 HKT
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The local currency hit an intraday low of 7.8494 on Monday. Photo by REUTERS
The local currency hit an intraday low of 7.8494 on Monday. Photo by REUTERS
Hong Kong Dollartrading bandweak sideweak endCitiUS dollarConvertibility UndertakingHong Kong Monetary AuthorityinterbankHIBORHong Kong Association of Banks
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From sixth left, Carmen Chu, Executive Director, Banking Supervision of the Hong Kong Monetary Authority, Howard Lee, Deputy Chief Executive of the HKMA, Marc Luet, Head of Japan, Asia North & Australia, and Banking at Citi, and Aveline San, chief executive and banking head of Citi Hong Kong. CITI
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This follows multiple HKMA interventions to support the Hong Kong dollar at the weak end of its trading band. Photo by REUTERS
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