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Hong Kong’s de facto central bank bought the local dollar to prop it up on Thursday, in a move to defend the city’s currency ...
Hong Kong's de facto central bank said on Thursday it sold 1.2 billion U.S. dollar against the Hong Kong dollar, which hit ...
A fresh debate about the sustainability of Hong Kong’s decades-long currency peg has analysts ruminating on what might ...
Hong Kong’s currency is facing its biggest test since the global financial crisis of 2008. The former British colony still pegs the value of its money to that of the US dollar. It’s an ...
Posted on 22 May at 8 AM 2025 The US Dollar to Hong Kong Dollar (USD/HKD) exchange rate tested the strong point of the 7.75-7.85 trading band in May, but has since weakened sharply to 1-year lows ...
The Hong Kong dollar’s rally to HK$7.75 triggered intervention from the HKMA to sell Hong Kong dollars to defend the currency’s peg to the greenback, Mizuho Securities Asia’s Ken Cheung said ...
Convert Russian Ruble To Hong Kong Dollar 1 RUB = 0.100025 HKD Jun 11, 2025 08:17 UTC Check the currency rates against all the world currencies here.
Hong Kong authorities further intervened in the market, stepping up purchases of US dollars to defend the foreign exchange peg after the city’s currency again tested the upper end of its trading ...
Hong Kong could succumb to pressure to drop its currency’s tie to the U.S. dollar, which Craig Stephen says makes betting against the Hong Kong peg a viable investment strategy.
Hong Kong’s currency is facing its biggest test since the global financial crisis of 2008. The former British colony still pegs the value of its money to that of the US dollar.