USD/HKD peg status
get_peg_statusCheck the USD/HKD peg status by viewing the HKMA's convertibility undertaking levels and aggregate balance, showing where the band stands and whether intervention occurred.
Instructions
Where the Linked Exchange Rate System stands: the Convertibility Undertaking levels the HKMA commits to trade at, and the Aggregate Balance, which is the figure that actually shows whether it has been intervening. Note this dataset does not publish the spot USD/HKD rate, so this tool reports the band and the balance rather than guessing where spot sits.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| date | No | Business day to report, YYYY-MM-DD. Omit for the most recent published day. |
Output Schema
| Name | Required | Description | Default |
|---|---|---|---|
| note | Yes | What this dataset does and does not say. | |
| as_of | Yes | The business day these figures are published for, YYYY-MM-DD. | |
| source | Yes | Where the figures came from. | |
| weak_side | Yes | HKMA buys HKD at this level, normally 7.85. | |
| strong_side | Yes | HKMA sells HKD at this level, normally 7.75. | |
| trade_weighted_index | Yes | Trade-weighted Hong Kong dollar index. | |
| aggregate_balance_hkd_millions | Yes | Closing Aggregate Balance. It shrinks when the HKMA buys HKD defending the weak side. |