HONG KONG : Hong Kong's de-facto central bank bought HK$1.
923 billion from the market in New York trading hours to stop the local currency weakening and breaking its peg to the U.S. dollar.The aggregate balance - the key gauge of cash in the banking system - will decrease to HK$153.579 billion on Aug 2, an HKMA spokeswoman said on Saturday.
Source: News Formal (newsformal.com)
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