Hong Kong central bank intervening to support the HK dollar, buying HKD
Hong Kong central bank intervening to support the HK dollar, buying 12.76bn HKD – ADDED – HKMA still active, amount of intervention now is HKD 29.6bn – The HKD has hit the weak extreme of its permitted trading band. HKMA selling USD/HKD: — I’ve posted on this before, ICYMI: Since 1983, the HKD has been…