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| Hong Kong Plows $1.2 Billion Into Defending Currency to Little Effect The Hong Kong dollar remains stuck at the weak end of its currency band, even after the monetary authority plowed $1.2 billion into defending the peg. The city's dollar traded near HK$7.85 per greenback at 11:01 a.m. local time, the level that can spur buying by the de facto central bank. The Hong Kong ...
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| S.Korea fin min will seek 'right way' to disclose currency market intervention details SEOUL, April 16 (Reuters) - South Korea's finance minister on Monday said he will seek the 'right way' to disclose details of actions taken by currency authorities when intervening in the foreign exchange market. Kim Dong-yeon told reporters the disclosure of details would be decided by taking into ...
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