40 rounds of intervention, Hong Kong bank balance falls below HK$100 billion

https://www.youtube.com/watch?v=99EPDAakATc

Since the U.S. central bank began raising rates in March, Hong Kong authorities have continuously intervened in the forex market to stop its currency from sliding below its peg to the U.S. dollar. —————– #SpotlightOnChina #China #ChinaInsights