Hong Kong reins back local dollar amid capital inflow ahead of US rate cut decision

In its first market intervention in two years, the city’s de facto central bank bought US$6.005 billion at HK$7.75.

May 2, 2025 - 22:15
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Hong Kong reins back local dollar amid capital inflow ahead of US rate cut decision
In its first market intervention in two years, the city’s de facto central bank bought US$6.005 billion at HK$7.75.

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