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HONG KONG: *** Sources note some profit taking in USDHKD after earlier remarks
from the HKMA which noted that FX transactions have been in line with exp.,
while the HKMA hasn't seen large scale selling of the HKD. The HKMA also noted
that HK$50bln worth of outflows wouldn't be deemed "too much" and it also noted
that fund bills would be available if they are needed. USDHKD last ~7.8440.