USD/HKD has come off its floor (HKD weakens a touch)

Author: Eamonn Sheridan | Category: News

The HK dollar is kept in a band by the Hong Kong Monetary Authority. 

The HK dollar is kept in a band by the Hong Kong Monetary Authority. 
Very effective they are. The above is a daily chart. The HKMA have been defending the lower end of the band at 7.75 in past months. HKD weakening a touch today. 

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