- June 20, 2022
- Posted by: AliensFaith
- Category: OBJECTIVE PRESS
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The HKMA has intervened to buy 5.2bn HKD against the USD to defend its currency peg.
I posted a chart of the HKD last week (the HKMA was intervening last week also) where you can spot the limits of the trading band:
This article was written by Eamonn Sheridan at http://www.forexlive.com.