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Hong Kong Dollar news

  
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Hong Kong Dollar Peg Doesn't Fit in Swiss Hole
The sudden death of the Swiss franc ceiling set off fears that other fixed exchange rates could be next. But Hong Kong's storied peg with the U.S. dollar is as solid as ever. Superficially, Hong Kong faces a similar situation to Switzerland. The Swiss ...
Hong Kong Defends Currency Peg for Second Day as Stocks Jump
Hong Kong's de facto central bank stepped in for a second day to prevent the currency from rising against the U.S. dollar as demand surged for the city's stocks. The Hong Kong Monetary Authority bought $1.7 billion during the Hong Kong day on Friday at ...
UPDATE 1-HKMA sells HK$11.32 bln to keep Hong Kong dollar within its trading ...  Reuters
HKMA sells HK$6.975b to keep Hong Kong dollar within its trading band  Malay Mail Online
Time to create new Chinese-Hong Kong dollar
The predictable removal of the Swiss Franc cap came as a surprise; the removal of the Hong Kong dollar peg would be simply gobsmacking.
HKMA sells HK$1.55 bln to keep Hong Kong dollar in trading band
According to the HKMA, the latest intervention will lift the aggregate balance - the sum of balances on clearing accounts maintained by banks with the authority - to HK$293.863 billion on April 24.
Hong Kong firms, Chinese yuan moves up versus US dollar  South China Morning Post (subscription)
HKMA sells HK$11.586 bln into market to keep Hong Kong dollar within trading ...  Firstpost
HKMA intervenes for 10th time this month to defend Hong Kong dollar
The Hong Kong Monetary Authority stepped in again yesterday to defend the Hong Kong dollar, injecting HK$1.938 billion into the currency market.
Hong Kong's Peg to Instability
For years, any call for Hong Kong to scrap its peg to the U.S. dollar was deflected with a single word: stability. The city's monetary authority has consistently treated the 32-year-old link as the linchpin to the economy's international credibility ...
Hong Kong Rally Rewards China Tycoons  Wall Street Journal
CORRECTED-China charge into HK stocks both boon and bane  Reuters
They're not buying it: why foreign visitors are giving Hong Kong's 'shopping ...
Prime outlets are also a lot less affordable because of Hong Kong's rising dollar. High-spending tourists are disappearing in droves.
Turnout slim as thousands in Hong Kong rally for democracy  Albany Times Union
Hong Kong July 1 rally sees only a fraction of last year's record turnout  Shanghaiist
Hong Kong is now fourth most expensive Asian city for expats
"The Hong Kong dollar is pegged against the US dollar. As the US dollar has strengthened against most major currencies such as the Australian dollar [and] the Japanese yen, so too has the Hong Kong dollar," Lee said. "It also reflects the fact that ...
Strong dollar deals cost-of-living blow to expats  Hong Kong Standard
HK 4th-most-expensive city in Asia Pacific for expats  EJ Insight
Hong Kong's first-half home sales, prices at record high as Chinese buyers ...
HONG KONG, July 3 Hong Kong's new home sales jumped to a record high in the first half of the year, driven in part by the return of Chinese investors seeking to park money in million-dollar mansions, underscoring the challenges the government faces in ...
China says multiple currencies can be used in cross-border fund scheme  The Straits Times
Hong Kong second most expensive city in the world for expats, survey says
Not far behind Hong Kong in terms of expense are Shanghai (6) and Beijing (7), both jumping four places from last year. In Hong Kong's case, Mercer said the city is very expensive because the Hong Kong dollar is pegged to the US dollar, which has risen ...
The world's most expensive city for expats  Yahoo7 News
Asian cities account for half of top 10 costliest expat destinations  CTV News