A currency exchange shop in Hong Kong’s Causeway Bay district on 5 January 2017. Photo: EPA
A currency exchange shop in Hong Kong’s Causeway Bay district on 5 January 2017. Photo: EPA
Currencies

Hong Kong’s dollar rises towards the strong half of the band as short sellers bail

  • The Hong Kong dollar saw its biggest intraday rise in three years on Monday to 7.8039 per dollar, bringing its gain for November to 0.6 per cent
  • That is the closest it’s been to the midpoint of its 7.75 to 7.85 trading band since February

A currency exchange shop in Hong Kong’s Causeway Bay district on 5 January 2017. Photo: EPA
A currency exchange shop in Hong Kong’s Causeway Bay district on 5 January 2017. Photo: EPA
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