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Hong Kong’s key interbank borrowing cost slumped following foreign-exchange intervention by the city’s authorities, fueling ...
The Hong Kong Monetary Authority has sold over a 100 billion in Hong Kong dollars in the foreign-exchange market this month.
The recent weakness in USD triggered the so-called “Asian Financial Crisis in reverse.” Taiwan dollar notably surged 10% against the USD. Read more ...
HONG KONG, March 20 (Reuters) - The Hong Kong Monetary Authority ... and Standard Chartered Bank keeping its Hong Kong dollar best lending rate unchanged at 5.5%. Bank of China (Hong Kong ...