The Hong Kong Monetary Authority (HKMA) said on Thursday the outlook for the direction of the Hong Kong dollar and for interbank rates remains uncertain due to carry trades and other factors. The city ...

While the currency peg is not indestructible, investors should not underestimate the extent to which it is part of the city's ...

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 ...

HONG KONG—The Hong Kong Monetary Authority on Friday reiterated that it had “no intention” of changing the currency-peg system. The statement from the city’s de facto central bank came as ...

Hong Kong’s HK$2.7 trillion (US$341 billion) economy is run with its own dollar, a currency that has lasted ... The city’s de facto central bank, the Monetary Authority, oversees the stability ...

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 ...

HONG KONG—The Hong Kong Monetary Authority said Friday that it bought Hong Kong dollars for the second time this week, as it continues to defend the currency’s nearly 35-year old link to the U ...

Hong Kong Monetary Authority says outlook for local currency uncertain The Hong Kong Monetary Authority (HKMA) said on Thursday the outlook for the direction of the Hong Kong dollar and for ...

HONG KONG, June 19 (Reuters) - The Hong Kong Monetary Authority (HKMA ... referring to the possibility of the currency hitting 7.85 per U.S. dollar. The Hong Kong dollar is pegged in a tight ...