Hong Kong Dollar Touches Key Level for First Time Since 2005

Hong Kong’s dollar fell to the weak end of its permitted band for the first time since the range was imposed in 2005, a warning sign for a city where easy money has stoked a property boom and underpinned the stock market’s record rally. The spot rate ... ( read original story ...)

HK dollar eases to new 33-year low, hits weaker end of band

The gap between the two has widened since the 2008 financial crisis, as the U.S. central bank has started raising interest rates. Making matters tricky for Hong Kong policy makers, local money market remains awash with liquidity thanks to equity market ... ( read original story ...)