HKMA acts when the local dollar exceeds the range of 7.75 to 7.85.

Battle to defend Hong Kong dollar peg not over with more HKMA intervention seen in fourth quarter

Defending peg has cost HK$147b this year with the latest interventions triggered by investors switching out of yuan deposits after devaluation

TOP PICKS

HKMA acts when the local dollar exceeds the range of 7.75 to 7.85.
READ FULL ARTICLE