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Zhen and Winni Zhou HONG KONG/SHANGHAI (Reuters) -Hong Kong dollar rates fell across the board on Friday, heading for their ...
The Hong Kong dollar tested the strong end of its allowable trading band for a second session Monday, as regional currencies ...
Hong Kong authorities ramped up sales of the local dollar as the greenback’s slide threatened the foreign-exchange peg.
Hong Kong authorities further intervened in the market, stepping up purchases of US dollars to defend the foreign exchange ...
Asian economies are accelerating efforts to bypass the US dollar in trade, finance, and reserves, signaling a global shift in ...
NEW YORK] The Hong Kong dollar’s funding costs plunged the most since 2008, as the monetary authority’s intervention to ...
In Hong Kong, its de-facto central bank said in a statement on Tuesday that it had spent $60.5 billion Hong Kong dollars ($7.8 billion) to buy US currency, a record daily amount according to ...
SINGAPORE (Reuters) -The dollar headed for a weekly gain on most major peers on Friday as a U.S.-UK trade deal raised hopes ...
These declines reflect a broader easing in interbank borrowing costs across the Hong Kong market. The significant drop in HIBOR rates has several implications for the Hong Kong economy. For one, lower ...
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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.