Hong Kong financial sec says no skeleton to change U.S. dollar peg

HONG KONG (Reuters) – Hong Kong had no skeleton to change a currency’s brace to a U.S. dollar and a Asian financial heart has not seen any “obvious” collateral outflows after Washington changed to frame a city of a special standing in U.S. law, a city’s financial secretary said.

Paul Chan pronounced on Monday that authorities were assured in fortifying a Hong Kong dollar sell rate, with unfamiliar sell pot twice a distance of a whole financial bottom and liquidity in a banking complement “very healthy and strong”.

Chan combined collateral will continue to upsurge openly in and out of Hong Kong.

(This story was refiled to scold spelling of of “Chan” in second paragraph)

(Reporting by Clare Jim, Donny Kwok; Writing by Marius Zaharia; Editing by Himani Sarkar)

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