News Headline Summary

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

Analysis details (01:02)

- 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.

24 Dec 2012 - 01:01 - Forex - Source: Newswires

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