The Hong Kong Monetary Authority on Thursday sold HK$2.3 billion as the currency again hit the top end of the trading range.
The Hong Kong dollar is pegged at HK$7.80 to the U.S. dollar but can be traded between HK$7.75 and HK$7.85. The central bank intervenes when the currency reaches the strong end of the trading range.
Data released on Wednesday showed that overall foreign-currency deposits grew by 0.6 percent in September, while renminbi deposits in Hong Kong declined by 1.2 percent to CNY 545.7 billion.
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