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Hong Kong's central bank intervenes to maintain currency peg

The Star LogoThe Star14h ago

Hong Kong's central bank intervenes to maintain currency peg - The Star

Quick Summary:

HONG KONG: Hong Kong's de-facto central bank stepped into the foreign exchange market on Tuesday as the currency hit the top end of its band for a fourth time this month, spurred by a broader selloff in the U.S.dollar against several low-yielding currencies.

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Taiwan officials have said currencies were not part of the talks.

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-06 @ 12:04:00 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 302 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 28428513

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 32 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 5 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

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The story "Hong Kong's central bank intervenes to maintain currency peg" has 302 words across 13 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "Hong Kong's central bank intervenes to maintain currency peg" was covered 14 hours ago by The Star, a news publisher based in Malaysia.

How trustworthy is 'The Star' news outlet?

The Star is a fully independent (privately-owned) news outlet established in 1971 that covers mostly economy and business news.

The outlet is headquartered in Malaysia and publishes an average of 32 news stories per day.

It's most recent story was published 5 hours ago.

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  • News ID: #28428513
  • URL: https://saintseiya.beamstart.com/news/hong-kongs-central-bank-intervenes-17465046044115

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