Sub Banner Image

Hong Kong Buys Record Amount of US Dollars to Defend Peg

Markets

Greg Ritchie, Ye Xie, Sangmi Cha

·

May 2, 2025

·

Bloomberg

Hong Kong intervened to defend its peg, buying a record amount of US dollars after the city’s currency rose to the upper end of its trading band.

More from

Bloomberg

More

Markets

Articles

Trending News

Enjoy premium content in your inbox.

You're in! Check your email to learn more.
Oops! Something went wrong while submitting the form.