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Hong Kong Dollar Strength: Impact on the Stock Market
The Hong Kong dollar has recently approached the strong side of its pegged exchange rate against the US dollar, reaching the 7.75 threshold. This has led the Hong Kong Monetary Authority (HKMA) to intervene by injecting liquidity into the market,
The Hong Kong Monetary Authority (HKMA) has been actively intervening in the foreign exchange market since last Friday (April 2), selling over HKD 120 billion to stabilize the currency. This ...
The Hong Kong dollar tested the strong end of its allowable trading band for a second session Monday, as regional currencies ...
US President Donald Trump’s efforts to “rebalance” global trade have spooked Wall Street, disquieted US Treasuries and sent investors rushing to buy gold. They have now also roiled a normally staid ...
"Since the Asian crisis, Asian savings have not only been massive, but they've had this tendency to be redeployed into U.S.
Hong Kong stocks edged up on Tuesday, supported by optimism over foreign investors buying local assets, which pushed the city ...
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The stock-exchange operator said Wednesday that net profit jumped 37% from a year earlier to 4.08 billion Hong Kong dollars, ...
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