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Hong Kong Dollar news

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Hong Kong Dollar Seen Staying Strong as HKMA Buys $690 Million
Hong Kong's de facto central bank bought $690 million on July 25 to defend the city's 31-year-old peg to the U.S. dollar as it expects demand for the local currency to continue. �Having regard to the on-going listings, mergers and acquisitions, and ...
Hong Kong must stay alert to capital outflows despite currency's ...  The Malay Mail Online
Exchange Fund back in black with $50.5b  Hong Kong Standard
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High Hong Kong Dollar Likely to Stay That Way
The Hong Kong dollar is staying stubbornly strong even after the city's de facto central bank weakened the currency for the first time in a year and a half.
Hong Kong dollar intervention - Why to expect more
HKMA on alert as it defends peg in first currency market intervention in 18 ...  South China Morning Post
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Hong Kong Buys $2.07 Billion in Four Days to Defend Currency Peg
�Besides technical reasons due to commercial activities, the Hong Kong dollar has been strong as inflows are coming for China-related assets,� said Ho Man Chun, a strategist at Bank of Communications Co.
HKMA steps up defence of strong local currency  Hong Kong Standard
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MegaFon Shifts Cash to Hong Kong Dollars on Sanction Risk
OAO MegaFon (MFON), billionaire Alisher Usmanov's wireless operator, said it has been shifting cash holdings into Hong Kong dollars, a move people say metals producer OAO GMK Norilsk Nickel (GMKN) is also undertaking, as the U.S. and Europe ratchet ...
Hong Kong cash haven for Russian telecom over sanctions  RT
Russian groups convert euro reserves  Financial Times
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Hidden Behind the Hong Kong Dollar
It was the first intervention by the Hong Kong Monetary Authority (HKMA) for nearly two years. However, large money flows into Hong Kong prompted it to sell Hong Kong Dollars (HKD) worth $5.64 throughout July in order to keep the rate fixed at HK$7.75 ...
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Pesek on Asia: Hong Kong's Dollar Peg
As Hong Kong gets swarmed by pro-democracy protesters, its monetary authority is being overwhelmed by hot money flows. As it intervenes to cap the currency for first time since December 2012, is the city's 31 year-old peg to the U.S.
Hong Kong Airlines Considers First Dual-Currency Hong Kong IPO
The airline hasn't made a final decision on whether to push forward with either its listing plans or whether the IPO should trade in both the Chinese currency and the Hong Kong dollar, people with direct knowledge of the deal said. Hong Kong Airlines ...
Hong Kong Monetary Authority chief pledges support for US dollar peg  South China Morning Post
Hong Kong needs to make the case for dual currency IPOs  GlobalCapital
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Hong Kong Dollar: is the peg under threat?
The Hong Kong Dollar (HKD) isn't a currency we often talk about at as it is pegged to the USD and usually doesn't move too much.
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More financial centers moving away from the dollar as Hong Kong joins in
On July 28, the Hong Kong Monetary Authority (HKMA) began selling Hong Kong Dollars (HKD), while at the same time buying dollars, to balance out a new phenomenon where a massive increase in domestic and foreign purchases of Hong Kong's currency ...
Monetary authority on guard over capital outflows from Hong Kong
Since July 1, the Hong Kong dollar has repeatedly hit the strong end of the currency peg to the US dollar. That caused the HKMA to absorb more than US$5.6 billion in inflows and inject more than HK$40 billion into local money markets.