Hong Kong defends dollar for first time since 2019 - CNA

HONG KONG: Hong Kong on Thursday (May 12) said it had stepped in to prop up its dollar, the first intervention since 2019 and a move that will add pressure at a time when the city's economy is struggling. The Asian financial hub pegs its own currency to th…

HONG KONG: Hong Kong on Thursday (May 12) said it had stepped in to prop up its dollar, the first intervention since 2019 and a move that will add pressure at a time when the city's economy is strugg… [+1558 chars]

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