HKMA sells HK$2.325 bln into market to keep Hong Kong dollar within its trading band

April 20, 2015 9:48 AM

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HONG KONG, April 20 (Reuters) - The Hong Kong Monetary Authority (HKMA) stepped into the currency market again and sold HK$2.325 billion ($300 million) in Hong Kong dollars on Monday as the local currency hit the strong end of its trading range.

The city's de-facto central bank has intervened multiple times in the market in the past fortnight.

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