HKD – HK 'central bank' ramps up its defence of the band

The Hong Kong dollar is testing the strong end of its currency band.
That is, HKD strengthening against the USD (USD/HKD lower as you can see below)
HKMA is injecting HKD into the banking system to defend the bottom of the band.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *