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Hong Kong's de facto central bank said on Thursday it bought US$1.2 billion worth of Hong Kong dollars after the local ...
The Hong Kong Monetary Authority (HKMA) has jumped into the foreign exchange market again after the Hong Kong dollar dropped ...
Hong Kong’s de facto central bank today (June 26) purchased the territory’s currency to protect its peg with the US dollar.
China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to ...
The city has aligned its fintech push with China's de-dollarization efforts as new stablecoin laws take effect in August.
Hong Kongs de facto central bank, the Hong Kong Monetary Authority (HKMA), intervened in currency markets on Thursday by ...