Marking the end of HKD and USD carry trade, it was a nice one. thank you for your service HKMA
Dovey "Rug the fiat" Wan (hiring)
Dovey "Rug the fiat" Wan (hiring)26.5.2025
🤯 HIBOR just nuked -40%, Hong Kong’s interbank rate is officially trading like a meme coin. HKD is a synthetic dollar, and HKMA’s about to go full printer mode to defend the peg. Watching closely
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