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Hong Kong has spent $6.5B to defend currency HONG KONG--Hong Kong's de facto central bank has spent about US$6.5 billion in the past week to defend its currency's nearly 35-year-old link to the U.S. dollar. The Hong Kong Monetary Authority said Thursday it has bought a total of 51.3 billion Hong Kong dollars and sold US$6.5 billion from its ...
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Government assures availability of currency notes at ATMs This assurance comes as some bankers said that lower denomination currency notes, especially those of Rs 200, are in short supply. "We are in touch ... On Tuesday, the finance ministry had acknowledged that there has been an unusual spurt in currency demand in the country in the past three months.
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Currency trader swaps Wall St for whisky Having worked as a currency trader in New York, Paris and London, Szor, 55, now lives in the Cotswolds, that swath of idyllic English countryside where farmers live in somewhat uneasy coexistence with a well-heeled London set. Szor first got to know the area as a weekend visitor — he and his wife ...
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