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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 …
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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 …
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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 …
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Hong Kong intervenes to defend currency peg
26 Jun 2025 06:38 GMT
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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 …
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In defence of “smart” exchange rate intervention after crises: Why the IMF may be wrong this time
11 Jul 2025 11:12 GMT
… any attempt to defend a currency peg or
manage the exchange rate …
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Hong Kong Ramps Up FX Intervention to Defend Currency Peg
06 May 2025 11:48 GMT
… Banking Corp. She sees the currency peg resulting in a relatively soft … .
Hong Kong set up the currency peg in 1983 to arrest a …
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HKMA intervenes twice more to defend currency peg amid capital inflows ahead of major IPOs
06 May 2025 05:49 GMT
… 5.50pm.
Hong Kong’s currency peg with the US dollar has …
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Hong Kong's central bank intervenes to maintain currency peg
06 May 2025 01:51 GMT
HONG KONG :Hong Kong's de-facto central bank bought $7.8 billion (HK$60.5 billion) against the Hong Kong dollar on Tuesday from the market to stop the local currency strengthening and breaking its peg to the U.S. dollar.
The Hong Kong dollar is pegged …
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Hong Kong Makes Largest Dollar Purchase to Protect Currency Peg
04 May 2025 06:57 GMT
… Kong intervened to defend its currency peg to the US dollar by …