Reuters

HKMA buys HK$3.054 billion from market as currency weakens, aggregate balance below HK$100 billion mark

HONG KONG, Nov 5 (Reuters) - Hong Kong's de-facto central bank bought HK$3.054 billion ($389.1 million) from the market in New York trading hours to stop the local currency from breaking below its peg ...
Seeking Alpha

Hong Kong Dollar Amid 'Asian Financial Crisis In Reverse'

The recent weakness in USD triggered the so-called “Asian Financial Crisis in reverse.” Taiwan dollar notably surged 10% against the USD. What happened alongside the TWD appreciation was an outsized ...
Bloomberg L.P.

Hong Kong liquidity shrinks 50% since May amid currency defense

City’s aggregate cash balance has dwindled to HK$165 billion Aggregate balance likely to fall below HK$100 billion: Mizuho A measure of Hong Kong’s interbank liquidity halved in the past two months, ...
Bloomberg L.P.

Hong Kong Interbank Liquidity Gauge to Sink Below HK$100 Billion

Hong Kong’s aggregate balance, a measure of interbank liquidity, will fall below HK$100 billion ($12.7 billion) for the first time since June 2020 as the city’s de facto central bank tries to maintain ...