Defence of the peg this month is on track to exceed the response last July and August when the HKMA spent HK$75.3 billion. Photo: Sam Tsang

HKMA intervention set to exceed last year's

Monetary authority has acted 12 times since April 9 for total injection of HK$71.49 billion

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Defence of the peg this month is on track to exceed the response last July and August when the HKMA spent HK$75.3 billion. Photo: Sam Tsang
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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 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'.