1. Hello Guest Would you like to receive a FREE $50 No Deposit Bonus ? Check this

HKMA sells another HK$ 3.1bln to maintain trading band

Discussion in 'Fundamental Analysis' started by ForexLive, Oct 26, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Bloomberg just reporting the latest intervention Last Thursday I reported sales of HKD 8.37bln The Hong Kong $ is pegged at 7.80 vs USD but can trade between 7.75-7.85. However under the rules of the peg the HKMA is obliged to step in when either extreme is traded to keep the band intact

    Continue reading...

Share This Page

Trade indices Online