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Friday, 29 August 2014
New Zealand Dollar Hong Kong Dollar
FOREX : NZDHKD
29 Aug 14 00:00
Hong Kong Airlines Said Ready to Apply for Dual-Currency IPO
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 ...
Honk Kong May Be Signaling Next Step Down in the US Dollar Decline
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 ...
Hong Kong's Cathay Pacific sees big profit jump
18:55 | 13/8/14
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.
Don't get burnt on hot money flowing into Hong Kong, investors warned
03:56 | 13/8/14
South China Morning Post (subscription)
The Hong Kong Monetary Authority has repeatedly intervened in the currency market since the beginning of last month to sell almost HK$70 billion as the influx of funds boosted the Hong Kong dollar to the upper end of its trading band. Under the peg to ...
Investors Buying Hong Kong Dollars on China Bets, HKMA Says
00:00 | 13/8/14
Hong Kong is luring an inflow of funds as investors grow more optimistic about Chinaâ€™s economy and buy mainland-related shares, the city's central bank said.
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