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Hong Kong's de facto central bank said on Thursday it bought US$1.2 billion worth of Hong Kong dollars after the local ...
The Hong Kong dollar dropped to the weak end of its fixed trading range against the greenback, as cheap funding costs ...
Hong Kong’s de-facto central bank spent more than a billion dollars propping up the city’s currency, as it sought to defend a ...
Hong Kong's de facto central bank said on Thursday it sold 1.2 billion U.S. dollars against the Hong Kong dollar, which hit ...
While the currency peg is not indestructible, investors should not underestimate the extent to which it is part of the city's ...
Scenery, such as the Victoria Harbour, are printed on Hong Kong’s banknotes, and this is something we are very proud of. In a society where the Hong Kong dollar is doing very well, a no-change ...
The Hong Kong Monetary Authority (HKMA) said on Thursday the outlook for the direction of the Hong Kong dollar and for interbank rates remains uncertain due to carry trades and other factors.
Interest rates in Hong Kong have been eerily low, raising the question of whether the city’s dollar peg is now in name only. Hong Kong surrendered its monetary autonomy decades ago, thanks to a unique ...
Hong Kong surrendered its monetary autonomy decades ago, thanks to a unique mechanism that restricts its currency fluctuation to a narrow band of 7.75 and 7.85 per dollar.
SINGAPORE/HONG KONG (Reuters) -U.S. President Donald Trump's erratic policies are rattling a currency peg that has withstood the test of time and is seen as an anchor for China and Asia. The Hong ...
ATLANTA - Still waiting for your Georgia surplus tax refund? It may be coming soon. The Georgia Department of Revenue says ...
Stablecoins are poised to become a major cross-border payment tool that would benefit issuers in Hong Kong and mainland Chinese firms expanding overseas, according to industry insiders, as the ...