
GO
HSI1 | 24,221.41 | 0.00 | -- |
HSCEI1 | 8,724.90 | 0.00 | -- |
Back Zoom + Zoom - Block Traded | |
HKD Hits Weak-Side Convertibility Undertaking; HKMA Buys HKD Equivalent to HK$20B Again
2025-07-02 08:02:55 The HKD hit the weak-side convertibility undertaking, prompting the Hong Kong Monetary Authority (HKMA) to purchase HKD equivalent to HK$9.42 billion last Thursday (26th), and again this morning (2nd) during the New York session, selling US$2.55 billion (approximately HK$20.018 billion) at the rate of 7.85 per USD. The aggregate balance of the Hong Kong banking system will decrease by HK$20.018 billion to HK$144.175 billion tomorrow (3rd). ~ AASTOCKS Financial News Website: www.aastocks.com |