HKMA says closely monitoring developments to ensure orderly market operations

Forex Short News
  • Depending on direction of capital flows and supply-demand dynamics for HKD, the weak-side convertibility undertaking may be triggered again in the future
  • Will continue to closely monitor market developments and the external environment to ensure orderly operations of HKD markets

From earlier: Hong Kong’s central bank intervening to support the Hong Kong dollar

This article was written by Justin Low at www.forexlive.com.