Hong Kong Monetary Authority officials pose beneath the 150th anniversary bank note. The territory's de facto central bank posted huge forex losses and needs to switch strategy, currency traders said. Photo: May Tse Hong Kong Monetary Authority officials pose beneath the 150th anniversary bank note. The territory's de facto central bank posted huge forex losses and needs to switch strategy, currency traders said. Photo: May Tse
Hong Kong Monetary Authority officials pose beneath the 150th anniversary bank note. The territory's de facto central bank posted huge forex losses and needs to switch strategy, currency traders said. Photo: May Tse
Enoch Yiu
Opinion

Opinion

Portfolio by Enoch Yiu

Hong Kong Monetary Authority racks up HK$85.9 billion in forex losses over 15 months

Hong Kong Monetary Authority officials pose beneath the 150th anniversary bank note. The territory's de facto central bank posted huge forex losses and needs to switch strategy, currency traders said. Photo: May Tse Hong Kong Monetary Authority officials pose beneath the 150th anniversary bank note. The territory's de facto central bank posted huge forex losses and needs to switch strategy, currency traders said. Photo: May Tse
Hong Kong Monetary Authority officials pose beneath the 150th anniversary bank note. The territory's de facto central bank posted huge forex losses and needs to switch strategy, currency traders said. Photo: May Tse
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Enoch Yiu

Enoch Yiu

Enoch joined the Post as a business reporter in 1996. Before that, she worked at a Chinese daily newspaper for four years. She is the author of two books: 'They Mean Business: 50 exclusive interviews with Hong Kong top executives' and 'Serving with Passion: stories of established catering brands in Hong Kong'.