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Hong Kong Dollar news

  
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Goldman Sees Hong Kong Dollar at Weak End of Band on Fed
The Hong Kong dollar's strength is likely to be short-lived, according to Goldman Sachs Group Inc. An interest-rate increase by the Federal Reserve as soon as next week will probably push the city's exchange rate to the weak end of its permitted band, ...
Alipay to enable Hong Kong dollar eWallet service from Thursday
“For the very first time, Hongkongers can register for an Alipay account, load it with Hong Kong dollars, and use their Alipay eWallet to pay [in Hong Kong dollars] online and at brick-and-mortar stores where Alipay is accepted,” Worldpay chief product ...
The US dollar peg has served Hong Kong well for 34 years
The Hong Kong dollar peg has served us well for 34 years and, despite the potential of a long slow decline we should keep it.
Choosing US dollar for peg was a practical, not political decision, for Hong Kong
Mr Liu refers to “the introduction of a US-dollar-linked exchange rate system” in 1983 and asks, “why did the colonial government not link the Hong Kong dollar to sterling?” He suggests “that the UK did not see Hong Kong as one of its own, and it did ...
Market exchange rates in China -- Nov. 22  Trader Planet
USD/HKD Stays Up Despite Robust Hong Kong GDP
The Hong Kong Dollar had been a victim of general US Dollar strength on Friday, but it got a modest late fillip on news that the region's growth was better than expected in the year's third quarter.
CBN Warns of Fake Hong Kong Dollar in Nigeria
The Central Bank of Nigeria(CBN) has alerted Nigerians to the circulation of fake 100 banknotes of Hong Kong Dollar (HK$100).
Naira Falls to N480/$ on Parallel Market on FX Scarcity  Nigeria Today
Chinese yuan deposits in Hong Kong dipped 0.4pc in October from previous month
Meanwhile, overall foreign-currency deposits in Hong Kong grew by 0.4 per cent in the same period. Total deposits with authorised institutions increased 0.6 per cent in the city while Hong Kong-dollar deposits rose 0.9 per cent during the month due to ...
Yuan Advances to Four-Month High Against Trade-Weighted Basket  Bloomberg
Market exchange rates in China -- Nov. 29  Shanghai Daily (subscription)
Ocean Park sees record HK$241.1 million deficit, announces 13.8pc entrance fee ...
He added that a strong Hong Kong dollar against the yuan and other currencies, the mainland's economic downturn, and competition from other regional destinations cooled tourists' desire to visit the city.
Hong Kong's Ocean Park sees record deficit, announces entry fee hike: Report  Channel NewsAsia
Ocean Park Reports Record Deficit Due to Drop in Visitors from Mainland China  Blooloop
Hong Kong Firms Turn On the Charm Ahead of Shenzhen Investment Link
In addition, the Hong Kong dollar is pegged to the U.S. dollar, so when you buy Hong Kong dollar assets, you're actually buying into the U.S.
Hong Kong firms in China charm-push ahead of HK-Shenzhen investment link  gulfnews.com
Hang Seng Index Edges Higher, Dollar Risk Continues  Economic Calendar
Hong Kong Exchange Fund assets HK$3.59 trln end-Oct -HKMA
The rise in Hong Kong dollar assets was mainly due to additional placements from fiscal reserves, which was partly offset by a decrease in bank borrowings.
Exchange Fund assets swell by HK$19.6b to HK$3.59 trillion  Hong Kong Standard (press release)
Monetary Statistics for October 2016  7thSpace Interactive (press release)