Doubled today to 1.6 beeelion
The Hong Kong Monetary Authority bought $1.6 billion on Wednesday at HK$7.75 a dollar, the upper limit of a band that triggers intervention, according to the authority’s page on Bloomberg. It intervened on Tuesday for the first time since April, buying $2 billion in total. The Hong Kong dollar traded at HK$7.75 as of 6:26 p.m. local time, according to data compiled by Bloomberg.