The Hong Kong Monetary Authority has sold over a 100 billion in Hong Kong dollars in the foreign-exchange market this month, as the Hong Kong currency’s strength threatens its peg to the U.S ...

(Bloomberg) -- Hong Kong authorities ramped up sales of the local dollar as the greenback’s slide threatened the foreign-exchange peg. The Hong Kong Monetary Authority sold a record HK$60.5 ...

The Hong Kong Monetary Authority (HKMA) intervened in the financial markets twice on Tuesday to defend the local currency’s peg with the US dollar, as capital flowed in ahead of some major share ...

Hong Kong authorities further intervened in the market, stepping up purchases of US dollars to defend the foreign exchange peg after the city’s currency again tested the upper end of its trading ...

Though Stephen A. Smith has been a major player on ESPN since 2012, now has his own popular podcast on top of that work, and has recently been fielding questions about his potential political ...

Hong Kong authorities ramped up sales of the local dollar as the greenback’s slide threatened the foreign-exchange peg. The Hong Kong Monetary Authority (HKMA) sold a record HK$60.5 billion (US$7.8 ...

The introduction of the 7.75 level in 2005 aimed to minimize market uncertainty and limit the HKMA’s discretion in managing the currency peg. The LERS mechanics dictate that the HKMA’s ...

The state government promised to put forward special legislation to allow the stadium to be built, after saying it no longer had faith in the Project of State Significance (POSS) process being ...

on Tuesday said it bought HK$60.5 billion against the Hong Kong dollar on Tuesday from the market to stop the local currency from strengthening and breaking its peg to the US dollar. The Hong Kong ...

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Taiwan officials have said currencies were not part of the talks. The HKMA intervention to defend the peg has implications for monetary settings in the Hong Kong economy. The aggregate balance ...

[MELBOURNE] Hong Kong authorities ramped up sales of the local dollar as the greenback’s slide threatened the foreign-exchange peg. The Hong Kong Monetary Authority (HKMA) sold a record HK$60.5 ...