HK Defends Peg as Sanctions Fuel Russian Cash Flows

HK Defends Peg as Sanctions Fuel Russian Cash Flows Play

Aug. 5 (Bloomberg) -- Hong Kong’s monetary authority intervened in the foreign-exchange market to curb gains in the local currency as sanctions over Ukraine stoke speculation of an influx of Russian cash. David Ingles reports on "First Up." (Source: Bloomberg)

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