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I reiterate that the HKMA will buy Hong Kong dollar (HKD) and sell USD at 7.85 level to ensure that the HKD exchange rate will not weaken beyond 7.8500. Such operations are normal and in ...
However, there are opportunities for companies operating in this space to be more profitable than you’d expect. One such example is Hong Kong-based MTR Corporation Limited (HKEX: 66), which runs Hong ...
What is your sentiment on USD/HKD?
The Ruble to Hong Kong Dollar forecast graph above combines the historical performance vs future projections by quarters. Future exchange rates are calculated as a weighted mean in an attempt to ...
What is your sentiment on JPY/HKD?
[NEW YORK] The Hong Kong dollar’s funding costs plunged the most since 2008, as the monetary authority’s intervention to defend the currency peg helped boost liquidity in the financial system. The one ...
“We now live in a world that is losing faith in the US dollar,” Co-Founder Brad Dunkley said in a letter to investors seen by Bloomberg News. “Central banks and ordinary citizens ...
Key Laboratory of Green Process and Engineering, Institute of Process Engineering, National Key Laboratory of Biochemical Engineering, Institute of Process Engineering, Chinese Academy of Sciences, P.
The Hong Kong Monetary Authority is reducing the duration of its U.S. Treasury holdings while diversifying into other currencies and assets due to rising volatility in dollar bonds. This comes as the ...
after the Hong Kong dollar once again hit the strong end of its trading band. The former British colony still pegs the value of its currency to that of the US dollar. It’s an arrangement that ...