More on the Hong Kong Monetary Authority intervention to sell USD

The Hong Kong Monetary Authority acts as Hong Kong's central bank.

Earlier post:

• It has intervened to buy HKD against the USD to defend its currency peg. For the first time since 2019.

Reuters report the HKMA bought 1.586bn HKD against the USD to defend the peg (HKD weakening).

See that post linked above to see the peg in action (chart).

Daily chart: