The HKMA has intervened to buy 5.2bn HKD against the USD to defend its currency peg.
I posted a chart of the HKD last week (the HKMA was intervening last week also) where you can spot the limits of the trading band:
The HKMA has intervened to buy 5.2bn HKD against the USD to defend its currency peg.
I posted a chart of the HKD last week (the HKMA was intervening last week also) where you can spot the limits of the trading band: