China News Service, August 9. According to Hong Kong, the Hong Kong Monetary Authority entered the market again today (9th) to buy Hong Kong dollars.

As the Hong Kong exchange rate hit the 7.85 weak-side convertibility guarantee again, the HKMA undertook a sell order of about HK$3 billion during the New York session and sold the US dollar.

  With the HKMA buying Hong Kong dollars from the market again, the aggregate balance of Hong Kong's banking system will drop to about HK$126.2 billion on the 10th.