The HKMA will sell HK$40 billion of Exchange Fund Bills, which is expected to reduce Hong Kong’s aggregate balance from HK$259.5 billion level to HK$219.5 billion in September. Photo: Sam Tsang

HKMA sells US$5b of Exchange Fund Bills; says unrelated to currency slide

The HKMA says the bills to be issued between August 22 and September 19, were mainly to meet demand amid abundant liquidity

Topic |   Currencies

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The HKMA will sell HK$40 billion of Exchange Fund Bills, which is expected to reduce Hong Kong’s aggregate balance from HK$259.5 billion level to HK$219.5 billion in September. Photo: Sam Tsang
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