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Hong Kong's foreign exchange once again hit the strong exchange guarantee, and the Hong Kong Monetary Authority received another sale of US$7.812 billion

Zhitongcaijing·05/05/2025 23:09:01
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The Zhitong Finance App learned that Hong Kong's foreign exchange rate has continued to be strong recently. The Hong Kong dollar rose to 7.75 per US dollar in the early morning of Tuesday (May 6), hitting the strong exchange guarantee level. According to the Hong Kong Monetary Authority, according to the linked exchange rate mechanism, after the US stock market closes, another sales order of 7.812 billion US dollars will be placed to inject 60.543 billion Hong Kong dollars into the market.

Since the US stock market closed last Friday, the Hong Kong Monetary Authority has begun accepting US dollar sales and injecting HK$46.539 billion into the market. Together with the capital injection of HK$9.532 billion yesterday during the Asian trading session, the three payouts accumulated a total of 116.614 billion yuan. As of this Wednesday (May 7), the aggregate balance of the Hong Kong banking system will increase to HK$161,384 billion.