The HKMA’s intervention came after the Hong Kong dollar slipped to 7.8500 against the greenback on Thursday. Photo: Jonathan Wong
Hong Kong Monetary Authority buys HK$3.26 billion worth of own currency to head off declines
HKMA deputy Howard Lee warns homeowners to ‘be mindful’ of their mortgage repayment obligations as city’s monetary conditions become tighter
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Hong Kong Monetary Authority (HKMA)
The HKMA’s intervention came after the Hong Kong dollar slipped to 7.8500 against the greenback on Thursday. Photo: Jonathan Wong