-
Hong Kong sells US dollars to fight carry trade, defend currency peg
13 Aug 2025 10:08 GMT
The Hong Kong Monetary Authority (HKMA) intervened in the foreign exchange market overnight for the 11th time since late June, buying local currency and absorbing interbank liquidity in a move that analysts believe will increase local interest rates and …
-
Bank of England places stablecoin transaction limits: What are stablecoins, their risks?
15 Sep 2025 14:07 GMT
… . This is similar to a currency peg, with more coins being generated …
-
Hong Kong fights carry trade pressure with dollar sales to maintain currency peg
16 Jul 2025 05:19 GMT
… the market to defend the currency peg since June 26, buying a …
-
HKMA intervenes in the market for the fifth time in 2 weeks to defend currency peg
11 Jul 2025 05:19 GMT
The Hong Kong Monetary Authority (HKMA) intervened in the foreign-exchange market on Friday for the fifth time in two weeks, scooping up the local currency and increasing overnight lending costs to drive away carry traders who have sought to take advantage …
-
PM: Bahamas looking at diversifying currency peg
07 Jul 2025 11:24 GMT
The Bahamas is considering tying its dollar to a basket of currencies instead of solely to the US dollar, in order to facilitate easier trading with countries outside the US, Prime Minister Philip Davis said during the Afreximbank (Africa Export-Import …
-
Hong Kong's de facto central bank intervenes to defend currency peg
04 Jul 2025 02:36 GMT
A Hong Kong dollar note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration/File Photo
HONG KONG: Hong Kong's de-facto central bank said it intervened twice on Friday and sold $3.78 billion against the Hong …
-
Hong Kong intervenes to defend currency peg
26 Jun 2025 06:38 GMT
-
CC-DB Parliamentary Group Describes Euro Area Membership as Upgrade on Bulgarian Currency Peg
04 Jun 2025 12:29 GMT
… an upgrade on the national currency peg to the single European currency …
-
Inflation defences are no match for debt burden
13 Sep 2025 22:00 GMT
… not so fortunate when its currency peg broke in late 2001. Deserted …
-
Tariffs raise settlement risks for Namibian banks
13 Sep 2025 16:16 GMT
… could also pressure Namibia’s currency peg to the rand, prompting a …