Hong Kong Exchange Fund Q3 investment income drops 56.6% from Q2 ...Middle East

Hong Kong's Exchange Fund, which is used to back the Hong Kong dollar, posted an investment income of HK$52.8 billion ($6.81 billion) in the third quarter, a drop of 56.6% from the previous quarter, the Hong Kong Monetary Authority (HKMA) said on Monday. The figure compared with an investment gain of HK$23.5 billion in the year earlier period, and a revised HK$121.6 billion investment income in the second quarter in 2020.

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