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HKMA Says It Stands Ready To Calibrate The Issuance Of Exchange Fund Bills ... To Release Liquidity
HKMA Says It Stands Ready To Calibrate The Issuance Of Exchange Fund Bills, Which Amount To Hk$1 Trln In Total, To Release Liquidity In Order To Deal With Possible Sharp Outflow From HKD
— LiveSquawk (@LiveSquawk) August 16, 2018
Added at 12:12am
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Says Hong Kong Banking System Has Adequate Liquidity To Cope With Outflow Of Funds
— LiveSquawk (@LiveSquawk) August 16, 2018
Says It Will Continue To Buy Hkd At 7.85 When The Weak-Side Convertibility Undertaking Is Triggered To Ensure HKD Exchange Rate Stability
HKD Presently At 7.8492