Enoch Yiu – Miami Crypto Coin

Hong Kong Protects Local Currency in Forex Market Amid Capital Flight to US Dollar

Post author:MiamiCrypto
Post published:September 29, 2022
Post category:75 basis points 75bps Benchmark Bank Rate Chile DXY Economics Eddie Yue Enoch Yiu foreign exchange market Forex markets FX markets Ghana Greenback HKD HKD/USD HKMA HKMA chief executive Hong Kong Hong Kong Central Bank India Japan South Korea US Dollar Currency Index USD

Following the Bank of England explaining that it would be meddling in U.K. bond markets and the Bank of Japan defending the yen in the foreign exchange market last week,…