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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 ...
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 ...
The Hong Kong Monetary Authority bought $7.8 billion (HK$60.5 billion) against the Hong Kong dollar on Tuesday, and has been intervening since May 2 as the currency repeatedly hit 7.75 ...
The Hong Kong dollar tested the strong end of its allowable trading band for a second session Monday, as regional currencies rally amid broad weakness in the greenback. The local currency ...
Hong Kong Dollar (HKD) United Arab Emirates Dirham (AED) 1 HKD to AED = 0.4739 HKD AED on 04/05/2025 Hong Kong Dollar (HKD) Albanian Lek (ALL) 1 HKD to ALL = 11.2329 HKD ALL on 04/05/2025 Hong ...
Justice Deinde Dipeolu of the Federal High Court in Lagos yesterday remanded 13 Chinese nationals over alleged impersonation, fraud, and attempts to destabilise Nigeria’s constitutional structure.
Whenever the Federal Reserve turns more hawkish and the cost of dollar funding soars, debate over whether Hong Kong should change its currency’s peg resurfaces. The fixed exchange rate ...
If so, the Hong Kong dollar's peg to the US greenback could come under US fire. Trump is expected to take a new approach to Hong Kong-related issues, from the city's role in helping Russia procure ...
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