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Hong Kong Exchange Fund reports worst year on record, losing US$25.8 billion in ‘exceptionally volatile’ 2022, HKMA says
![Hong Kong Exchange Fund reports worst year on record, losing US$25.8 billion in ‘exceptionally volatile’ 2022, HKMA says 1 Newsdaily1](http://i0.wp.com/en.newsdailyarabic.com/wp-content/uploads/2022/05/Newsdaily1.png?resize=512%2C470&ssl=1)
The loss far surpasses the previous worst annual decline of US$9.6 billion in 2008 for the war chest that defends the Hong Kong dollar from attacks by short-sellers.Read More