HKD=X - USD/HKD

CCY - CCY Delayed Price. Currency in HKD
7.8129
+0.0013 (+0.0166%)
As of 10:16PM GMT. Market open.
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Previous Close7.812
Open7.813
Bid7.813
Day's Range7.806 - 7.818
52 Week Range7.7934 - 7.8555
Ask7.814
  • CNBC3 months ago

    The prospect of higher interest rates is lighting a fire under the Hong Kong dollar

    A period of weakness for Hong Kong's dollar may be coming to an end. The tightly controlled currency is showing signs of strength on the prospect of higher local interest rates.

  • CNBC3 months ago

    The prospect of higher interest rates is lighting a fire under the Hong Kong dollar

    The Hong Kong dollar is on the move as pressure mounts on local interest rates. The currency is linked to the U.S. dollar, trading in a narrow band that affords opportunity for investors to take advantage of interest rate differentials. The strength of the Hong Kong dollar has a "pretty high correlation" with the stock market, Jackson Wong, associate director at Huarong International Financial Holdings, told CNBC.

  • Reuters3 months ago

    Hong Kong dollar spikes on rate rise expectations

    The Hong Kong dollar experienced a sudden, sharp spike on Friday, pulling it off the weak end of its narrow trading band where it had been stuck at for six months. Expectations of a rise in bank lending rates and tightness in cash supplies appeared to cause the Hong Kong currency to climb to 7.8244 to the U.S. dollar, its highest level since late February. Since March, it had stayed near 7.85, the lower end of the Hong Kong Monetary Authority's managed trading band.

  • Reuters3 months ago

    EMERGING MARKETS-Recovery grows strong, Hong Kong dollar goes wild

    Emerging markets extended their recovery on Friday, as what looked set to be a marquee week for South Africa’s rand and the best day for Chinese stocks in over two years helped sweep away some of the recent gloom. The day's surprise came from the closely-controlled Hong Kong dollar which saw its biggest spike since 2003 overnight and a frenzy of activity options market in the process. Traders couldn't entirely explain the move, although some pointed to a rise in local money market rates as evidence that domestic banks might raise their lending rates next week, in reaction to another possible rate rise by the U.S. Federal Reserve.

  • Reuters3 months ago

    Hong Kong dollar up about 0.2 pct, hits highest level since late Feb

    The Hong Kong dollar advanced about 0.2 percent against the dollar in early Friday trade, hitting its highest levels since late February. It rose to as high as 7.8244 to the U.S. dollar, and last traded ...

  • Reuters3 months ago

    BRIEF-HSBC To Raise HKD And Yuan New Fund Time Deposit Rates

    Aug 31 (Reuters) - HSBC Holdings Plc: * SAYS TO RAISE HONG KONG DOLLAR 3-MONTH, 6-MONTH AND 18-MONTH NEW FUND TIME DEPOSIT RATES, EFFECTIVE SEPT 3 * SAYS HKD TIME DEPOSITS MINIMUM AMOUNT IS HK$10,000 ($1,274.02) ...

  • Dollar Slips as U.S. Concludes Trade Talks with China
    Investing.com4 months ago

    Dollar Slips as U.S. Concludes Trade Talks with China

    Investing.com - The dollar slipped on Friday after rising briefly earlier in the day following the conclusion of the trade talks between U.S. and China that has yielded little progress.

  • Dollar Rises Amid Lingering Concerns Over Turkish Lira Crisis
    Investing.com4 months ago

    Dollar Rises Amid Lingering Concerns Over Turkish Lira Crisis

    Investing.com - The U.S. dollar advanced on Wednesday after hitting another 13-month high in the previous session as safe-haven demand increased amid lingering concerns over the Turkish lira crisis.

  • Reuters4 months ago

    HKMA intervened as Hong Kong dollar weakened, bought HK$2.16 bln

    HONG KONG, Aug 15 (Reuters) - The Hong Kong Monetary Authority (HKMA) stepped into the currency market in the U.S. trading hours on Tuesday, buying HK$2.159 billion ($275.05 million) in Hong Kong dollars ...

  • Reuters7 months ago

    HKMA intervenes as Hong Kong dollar weakens, buys HK$9.5 bln in US trade

    NEW YORK/HONG KONG, May 17 (Reuters) - The Hong Kong Monetary Authority (HKMA) stepped into the currency market and bought another HK$4.710 billion ($600 million) in Hong Kong dollars on Wednesday U.S. time as the local currency hit the weaker end of its trading range. The Hong Kong dollar is pegged at 7.8 to the U.S. dollar but can trade between 7.75 and 7.85. Under the currency peg, the HKMA is obliged to intervene when the Hong Kong dollar hits 7.75 or 7.85 to keep the band intact.

  • Reuters7 months ago

    BRIEF-HKEx Says Unit OTC Clearing Expands Its Services to USD/HKD Cross Currency Swaps

    May 2 (Reuters) - Hong Kong Exchanges and Clearing Ltd : * SAYS UNIT OTC CLEARING COMMENCES CLEARING OF USD/HKD CROSS CURRENCY SWAPS, EXTENDS CLEARABLE TENOR OF BOTH HKD INTEREST RATES SWAPS AND HKD BASIS ...

  • Reuters8 months ago

    BRIEF-Hkma Buys Another Hk$10.17 Billion To Keep Hong Kong Dollar In Trading Band

    April 18 (Reuters) - * HKMA BUYS ANOTHER HK$10.17 BILLION TO KEEP HONG KONG DOLLAR IN TRADING BAND ($1 = 7.8491 Hong Kong dollars) (Reporting by Dan Burns)

  • Reuters8 months ago

    HKMA intervenes again as Hong Kong dollar weakens, buys HK$5.1 bln

    The Hong Kong Monetary Authority (HKMA) stepped into currency markets again early on Wednesday, buying an additional HK$5.102 billion ($649.70 million) in U.S trading hours as its currency repeatedly hit the weak end of its trading band. The latest intervention will reduce the aggregate balance - the sum of balances on clearing accounts maintained by banks with the HKMA - to HK$146.151 billion on April 19, according to Reuters data.

  • Reuters8 months ago

    HKMA intervenes again as Hong Kong dollar weakens, buys HK$6.2 bln

    HONG KONG/NEW YORK, April 17 (Reuters) - The Hong Kong Monetary Authority (HKMA) stepped into currency markets again on Tuesday, buying an additional HK$6.2 billion ($790 million) as its currency repeatedly hit the weak end of its trading band. Including the HK$3.38 bln bought earlier on Tuesday, the HKMA has now mopped up HK$28.6 billion from the foreign exchange market since Thursday, after the local dollar hit the weaker end of its trading range at 7.85 per U.S. dollar, nudging up a key lending rate that could boost borrowing costs.

  • Reuters8 months ago

    BRIEF-Hkma Buys Hk$6.2 Billion In Local Currency To Keep Hong Kong Dollar Within Its Trading Band

    April 17 (Reuters) - * HKMA BUYS HK$6.2 BILLION IN LOCAL CURRENCY TO KEEP HONG KONG DOLLAR WITHIN ITS TRADING BAND ($1 = 7.8498 Hong Kong dollars) (Reporting by Dan Burns)

  • Reuters8 months ago

    HKMA intervenes again as Hong Kong dollar weakens, buys HK$3.38 bln

    The Hong Kong Monetary Authority (HKMA) stepped into currency markets again on Tuesday, buying HK$3.38 billion ($431 million) in Hong Kong dollars as the currency repeatedly hit the weak end of its trading band. The latest intervention will reduce the aggregate balance - the sum of balances on clearing accounts maintained by banks with the HKMA - to HK$157.46 billion on April 19, according to Reuters data.

  • Reuters8 months ago

    BRIEF-HKMA Buys HK$3.38 Bln In Hong Kong Dollars To Keep Currency Within Trading Band

    April 17 (Reuters) - Hong Kong Monetary Authority * HKMA BUYS HK$3.38 BILLION ($430.58 million) IN LOCAL CURRENCY TO KEEP HONG KONG DOLLAR WITHIN ITS TRADING BAND ($1 = 7.8499 Hong Kong dollars) (Reporting ...

  • Reuters8 months ago

    HKMA intervenes again as Hong Kong dollar weakens, buys HK$5.77 bln in US trade

    The Hong Kong Monetary Authority (HKMA) stepped into currency markets again in U.S. trading hours, buying HK$5.77 billion ($735 million) in Hong Kong dollars as the currency repeatedly hit the weak end of its trading band. The latest intervention will reduce the aggregate balance - the sum of balances on clearing accounts maintained by banks with the HKMA - to HK$160.74 billion on April 18, according to Reuters data.

  • Reuters8 months ago

    HKMA intervenes again as Hong Kong dollar weakens, buys HK$5.77 bln

    The Hong Kong Monetary Authority stepped into the currency market again on Tuesday, buying HK$5.77 billion in Hong Kong dollars as the local currency repeatedly hit the lower end of its allowable trading ...

  • Reuters8 months ago

    HKMA intervenes again as Hong Kong dollar weakens, buys HK$3.59 bln

    HONG KONG, April 16 (Reuters) - The Hong Kong Monetary Authority (HKMA) stepped into currency markets again on Monday, buying HK$3.59 billion ($457.33 million) in Hong Kong dollars as the currency repeatedly ...