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flag HKMA intervenes, buying $6B in US dollars to stabilize Hong Kong dollar's value.

flag Hong Kong's central bank, the HKMA, intervened in the market for the first time in two years, buying $6 billion in US dollars to keep the Hong Kong dollar within its trading range against the US dollar. flag This move comes amid increased demand for Hong Kong dollars due to higher equity investments and a stronger regional currency market. flag The HKMA will continue to monitor the financial markets closely.

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