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HKMA Injects $900 Million of Funds Into Financial System

By Theresa Tang

Nov. 9 (Bloomberg) -- The Hong Kong Monetary Authority injected HK$6.975 billion ($900 million) into the financial system to prevent the local currency from rising beyond its fixed exchange rate.

To contact the reporter on this story: Theresa Tang in Hong Kong at ttang3@bloomberg.net

Last Updated: November 8, 2009 19:02 EST

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