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Hong Kong dollar nears weak end of peg as volatility drops and borrowing costs crater
The Hong Kong dollar approaches its 7.85 weak-end peg limit as near-zero HIBOR rates and low volatility fuel carry trades against the US dollar.
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Hong Kong dollar nears weak end of peg as volatility drops and borrowing costs crater
The Hong Kong dollar approaches its 7.85 weak-end peg limit as near-zero HIBOR rates and low volatility fuel carry trades against the US dollar.
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Hong Kong dollar falls to 10-month low against US dollar, testing its famous peg
The Hong Kong dollar weakened to roughly 7.84 against the US dollar, nearing the edge of its decades-old peg band amid Fed rate expectations and USD