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Home | Local US News | New York | (AFX UK Focus) 2008-11-19 23:25 HKMA says injected HK$2.3 bln in New York trading (Interactive Investor)

(AFX UK Focus) 2008-11-19 23:25 HKMA says injected HK$2.3 bln in New York trading (Interactive Investor)

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HONG KONG, Nov 20 (Reuters) - The Hong Kong Monetary Authority (HKMA) said on Thursday it had injected HK$2.325 billion ($298 million) into the money market in New York trading on Wednesday to stem an appreciating Hong Kong dollar. The authority (HKMA) was forced to intervene four times during Hong Kong trading on Wednesday, injecting HK$10.618 billion ($1.37 billion) to keep the Hong Kong ...

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