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Hong Kong’s policymakers are getting close to stage an unusual intervention to cap the local dollar’s gains, as the greenback ...
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Hong Kong’s dollar peg is an important bulwark against volatilityWith US interest rates elevated and the Hong Kong dollar hitting a 3 1/2 -year high against the American dollar earlier this month, the debate has flared up again. Some argue that the dollar peg ...
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Bill Ackman is betting against the Hong Kong dollar's peg against the greenback for his latest trade. "We have a large notional short position against the Hong Kong dollar through the ownership of ...
The last time the Hong Kong Monetary Authority made such a move was around four years ago. In comparison, it has stepped into ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International ...
Nineteen global law firms had closed their Hong Kong practices by 2023. FedEx opted to ship its regional headquarters to ...
Replacing the Hong Kong dollar with the yuan would not only benefit Hong Kong’s economic growth in the long run, but also help the city to better integrate with Greater China. It’s important ...
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