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Hong Kong Dollar Curbed By HKMA as Covid-19 Measures Weaken USD

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Old 22-04-2020, 04:19
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Default Hong Kong Dollar Curbed By HKMA as Covid-19 Measures Weaken USD

The Hong Kong Dollar has been a beneficiary of lower US interest rates. The gains have been apparently too much for the HKMA, which has taken action to weaken to weaken the currency.

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