News Headline Summary

Over the weekend, HKMA injected HKD 5.04bln into banking system

Update details:

- The HKMA have been intervening regularly since October 20th with the total amount injected into the market since then being HKD 13.831bln.
- Under the currency peg, the HKMA is obliged to intervene when the Hong Kong dollar hits 7.75 or 7.85 to keep the band intact.

Print 01:02, 24 Dec 2012 - Asian News - Source: Newswires