Fund outflows from Hong Kong brought on downward pressure on the Hong Kong dollar in the linked exchange rate system. Photo: Bloomberg
Hong Kong dollar plummets to weakest level in trading band in 33 years
At mid afternoon on Tuesday, one US dollar was worth 7.8337 Hong Kong dollars, the highest level against the local currency in 33 years
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Currencies
Fund outflows from Hong Kong brought on downward pressure on the Hong Kong dollar in the linked exchange rate system. Photo: Bloomberg
