Linked Exchange Rate System;_Immigration Projects and Cost Reference of Various Countries_Interpretation of Immigration Conditions and Policies of Various Countries

April 23, 2018

Hong Kong Monetary Authority Spends $6.5 Billion to Defend the Linked Exchange Rate System

Since the first intervention sale on April 12, the authority has entered the market 13 times, purchasing a total of HK$51.3 billion and selling off $6.5 billion in foreign exchange reserves.