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Hong Kong Dollar news

  
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Hong Kong dollar intervention - Why to expect more
The Hong Kong dollar is pegged at 7.8 to the U.S. dollar, but can trade between 7.75 and 7.85. Under the currency peg, which has been in place since 1983, the HKMA is obliged to intervene when the Hong Kong dollar hits 7.75 or 7.85 to maintain the band.
High Hong Kong Dollar Likely to Stay That Way  Wall Street Journal (blog)
HKMA on alert as it defends peg in first currency market intervention in 18 ...  South China Morning Post
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Investors Buying Hong Kong Dollars on China Bets, HKMA Says
Aug. 13 (Bloomberg) -- Hong Kong is luring an inflow of funds as investors grow more optimistic about China's economy and buy mainland-related shares, the city's central bank said.
PRESS DIGEST - Hong Kong - Aug 13  Reuters
GF Securities Picks Banks for Up To $1 Billion IPO  Wall Street Journal
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Russia, sanctions and the Hong Kong dollar peg
The Hong Kong Monetary Authority has been forced to intervene in the market in order to maintain its 31-year old currency peg to the US dollar.
Hong Kong's finances  The Economist
Hong Kong Peg to Stay as Inflows Ebb, ANZ Says: Chart of the Day  Bloomberg
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HKMA must bring Hong Kong dollar back to near parity with the yuan
Housing costs are becoming a serious impediment to Hong Kong's growth and youth opportunities. Beijing's currency manipulation of the renminbi is spilling over into Hong Kong by way of local market pressure on the Hong Kong dollar. Something must give.
Hong Kong Property Market Could Be In For Major Correction  NuWire Investor
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Hong Kong Dollar Seen Staying Strong as HKMA Buys $690 Million
July 28 (Bloomberg) -- 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.
More financial centers moving away from the dollar as Hong Kong joins in  Examiner.com
Monetary authority on guard over capital outflows from Hong Kong  South China Morning Post (subscription)
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Hong Kong Dollar Has Best Two-Day Gain Since March
Oct. 6 (Bloomberg) -- Hong Kong's dollar strengthened, driving the biggest two-day gain since March, and the yuan rose in offshore trading amid signs of an easing in protests that have disrupted business and transport links in the city.
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Christmas Comes Early for Hong Kong, as Van Spills Millions of Dollars on Road
Good all year long? An accidental cash windfall tested Hong Kongers' niceness on Christmas Eve. Christmas came early for some Hong Kongers on Wednesday afternoon, when a security van spilled 35 million Hong Kong dollars, or more than $4.5 million, ...
Two arrested in Christmas Eve cash spill case in Hong Kong; HK$9 million ...  South China Morning Post (subscription)
A Blizzard Of Cash: Christmas Comes Early To Hong Kong  NPR (blog)
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FX Liquidity Providers Pull Back from Danish Krone and Hong Kong Dollar
Both Australian brokers, AxiTrader and Pepperstone, are abandoning Hong Kong dollar and Danish krone crosses, citing lack of market makers for the pairs in the aftermath of the Swiss National Bank's decision last week.
AxiTrader ceases to offer HK Dollar and Danish Krone  LeapRate
Hong Kong's sky slums highlight wealth gap
The rent costs $1,700 Hong Kong dollars (US$220) a month. Local authorities have been taping eviction notices on his front door for the past month, saying that he has to move out.
China, Hong Kong stocks weighed down by financials, real estate
"Today we've seen a small pullback that was triggered by weakness in A-shares," said Alex Wong, director of Ample Finance Group in Hong Kong.
Hong Kong stocks close 0.41 pct lower  Shanghai Daily (subscription)