07-09-2022, 04:14 PM
The Hong Kong Monetary Authority, the de-facto central bank, has a mandate to keep the currency trading at HK$7.75 to HK$7.85 per US dollar. The current band was set in 2005 and has never been broken. When it gets too close to one end or the other, the HKMA intervenes, either by buying or selling the city's dollars.
USD/HKD - US Dollar Hong Kong Dollar
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7.8497 +0.0002 0.00%
04:13:40 - Real-time Data. ( Disclaimer )
that is why hang seng blue chips keep fralling and money flow into sgd assets to hedge the risks
USD/HKD - US Dollar Hong Kong Dollar
Real-time FX
Create Alert
Add to Watchlist
7.8497 +0.0002 0.00%
04:13:40 - Real-time Data. ( Disclaimer )
that is why hang seng blue chips keep fralling and money flow into sgd assets to hedge the risks