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  • 04:32
    Apr, 27
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Currency News

Deposit rates on the up

17 Dec 2017 13:52Hong Kong Standard
The US dollar and Hong Kong dollar deposit rates have increased after the US Federal Reserve's rate hike last week and the rising cost for banks to attract deposits. more

Market exchange rates in China -- Nov. 10

09 Nov 2017 19:52Xinhua
The central parity rate of the yuan against the Hong Kong dollar is based on the central parity rate of the yuan against the U.S. more

Ex-HKMA Chief Just Cast Doubt Over the Hong Kong Dollar's Future

14 Sep 2017 00:37Bloomberg
Hong Kong's currency system can't realistically serve as a conduit between China and the rest of the world, according to a former chief executive of the Hong Kong Monetary Authority. The city's status as a global financial center makes its economy ... more

HKD at 6-week high to the pound in wake of shock UK election result

09 Jun 2017 05:22South China Morning Post
While Hong Kong people may continue to take advantage of the weak pound for their travel, studies or even property purchases in the country, the impact from the election was viewed as far less than last year's Brexit vote. more

Hong Kong Exchange Fund assets HK$3.83 trln end-Feb -HKMA

31 Mar 2017 03:37Reuters
The figure was HK$48.9 billion higher than the total at the end of January, with foreign currency assets and Hong Kong dollar assets rising HK$41.7 billion and HK$7.2 billion respectively, the city's de facto central bank said in a statement. The HKMA ... more

Why Hong Kong's New Stamp Duty May Not Send Home Prices Plunging

06 Nov 2016 18:41Barron's (blog)
Nomura defines a luxury unit as an apartment worth over 6.7 million Hong Kong dollars ($0.86 million). By the way, you can only get a CAGE with that money in Hong Kong! more

Hong Kong's de facto central bank warns fund outflows will come 'sooner or later'

29 Apr 2016 10:33South China Morning Post
Fund outflow from the Hong Kong dollar will come “sooner or later” so that the currency may again touch the weak side of the trading band under the Hong Kong dollar peg to the US dollar, warns the head of the city's de facto central bank. Norman Chan ... more

Yuan Strengthens in Hong Kong as Shanghai Stock Link Begins

16 Nov 2014 19:31Businessweek
The yuan's bid reference rate was set at 0.7671 per Hong Kong dollar for the program, according to prices published on the Shanghai Stock Exchange yesterday. more
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