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FINANCE

HKMA warns of follow-up intervention to maintain US dollar peg

FINANCE
26-06-2025 16:25 HKT
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The local currency touched the weak-side of its trading band at 7.85 per US dollar during New York hours on Wednesday, prompting the HKMA to intervene at the request of banks. Photo by REUTERS
The local currency touched the weak-side of its trading band at 7.85 per US dollar during New York hours on Wednesday, prompting the HKMA to intervene at the request of banks. Photo by REUTERS
weak sidestrong-sideconvertibilitytriggerHKMAHong Kong Monetary AuthorityEddie YueinterbankratesinterestUS dollarpegcarry tradetrading band
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