Wednesday, 17 September 2014
New Zealand Dollar Hong Kong Dollar
|FOREX : NZDHKD|
16 Sep 14 00:00
The IPO represents a key milestone for Hong Kong, which is keen to bolster its position as a global hub for trading in the Chinese currency. more»
The founder of the Hong Kong Economic Journal, Lam Shan-muk, has sold all his remaining shares at a time when the publication's editorial independence is under question. more»
17:48 | 29/8/14
The yuan has risen 2 percent from the low of 6.2676 per dollar reached on April 30. Chinese-currency deposits in Hong Kong stood at 925.9 billion yuan ($151 billion) at the end of June, up 33 percent from a year earlier, according to data from the Hong ... more»
00:34 | 14/8/14
Just as a quick refresher, the HKD is pegged (fixed) to the U.S. dollar in a tight band between HKD 7.75 to 7.85. This means that if there is a huge demand for the HKD, the Hong Kong Monetary Authority (HKMA) has to sell HKD and buy U.S. dollars to ... more»
Hong Kong airline Cathay Pacific has reported a jump in first half earnings as a new strategy involving more flights to US destinations paid off. more»
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