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View Full Version : HKMA Says Intervention Not Triggered by Speculation - Bloomberg



NewsWhore
06-17-2009, 08:40 AM
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HKMA Says Intervention Not Triggered by Speculation (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3Da.IzNeZLKkwU&cid=1261893933&ei=_9g4SvfCONPykAX8w7XUCA&usg=AFQjCNGmL5tqGQzL_5zKCt57Np50hksbWg)
Bloomberg
By Bob Chen June 17 (Bloomberg) -- The Hong Kong Monetary Authority said repatriation of funds and purchases of local equities by overseas investors caused the city&#39;s currency to strengthen in recent months, forcing policy makers to intervene to ...


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