KM Financial Solutions | UPDATE 1-Hong Kong c.bank sells HK$8.758 bln after HKD rises to trading limit
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UPDATE 1-Hong Kong c.bank sells HK$8.758 bln after HKD rises to trading limit

UPDATE 1-Hong Kong c.bank sells HK$8.758 bln after HKD rises to trading limit

The Hong Kong Monetary
Authority (HKMA) sold HK$8.758 billion ($1.13 billion) worth of
Hong Kong dollars on Friday after the currency hit the strong
end of its trading band against the U.S. dollar.

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