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HKD is the abbreviation for the Hong Kong dollar, the official currency of Hong Kong. The HKD is one of the most traded currencies globally. The HKD has been pegged to a narrow trading band, which ...
The Hong Kong dollar HKD=D3 has been pegged in a tight band between 7.75 and 7.85 per greenback ... for the first time since 2020 and the one-month Hong Kong Interbank Offer Rate HIHKD1MD ...
Hong Kongs de facto central bank, the Hong Kong Monetary Authority (HKMA), intervened in currency markets on Thursday by ...
Interest rates in Hong Kong have tended to move in lockstep with the United States, keeping the Hong Kong dollar - which trades between 7.75 and 7.85 per U.S. dollar - relatively stable.
[HONG KONG] The Hong Kong dollar weakened to a near one-year low against the US dollar on Monday (May 19), reversing the strength seen two weeks ago, as falling borrowing costs in the financial hub on ...
Once one of Asia’s most high-flying cities, Hong Kong is now grappling with a deep pessimism. The stock market is in the tank, home values have tumbled and emigration is fueling a brain drain.
Interest rates in Hong Kong have been eerily low, raising the question of whether the city’s dollar peg is now in name only. Hong Kong surrendered its monetary autonomy decades ago, thanks to a unique ...
Billionaire investor Bill Ackman said he's betting the Hong Kong dollar will fall and that its peg to the U.S. dollar can break, the latest big money manager to take a public short bet as U.S ...
Hong Kong’s anaemic residential real estate, for one, could see a rebound if the current trend continues. The prevailing new mortgage rate would be only 2.1%, versus 3.5% in early May.
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