UPDATE 1-HK Exchange Fund sees Q3 investment income drop, no capital outflow
Hong Kong’s Exchange Fund,
which is used to back the Hong Kong dollar, posted an investment
income of HK$20.2 billion ($2.58 billion) in the third quarter,
a drop of 55% from the previous quarter, the Hong Kong Monetary
Authority (HKMA) said on Monday.
which is used to back the Hong Kong dollar, posted an investment
income of HK$20.2 billion ($2.58 billion) in the third quarter,
a drop of 55% from the previous quarter, the Hong Kong Monetary
Authority (HKMA) said on Monday.
Posted by Reuters
