The Hong Kong Monetary Authority has sold over a 100 billion in Hong Kong dollars in the foreign-exchange market this month, as the Hong Kong currency's strength threatens its peg to the U.S. dollar.

(Bloomberg) -- Pegged to the US dollar since 1983, the Hong Kong dollar is usually a dull currency. Except when it’s not, like this year. The city’s currency has recently experienced wild swings, ...

Hong Kong bought nearly $6 billion worth of US dollars this week to stop its own currency from climbing out of its legal trading range. The Hong Kong Monetary Authority (HKMA) stepped in after the ...

Hong Kong’s policymakers are getting close to stage an unusual intervention to cap the local dollar’s gains, as the greenback plummets due to raging trade tensions between US and China. The city’s ...

Bond sales in Hong Kong dollars surged in the second quarter as issuers rushed to raise funds after currency interventions in the city drove down short-term borrowing costs to nearly zero. Hong Kong ...