New banknotes for red packets for the Lunar New Year at a bank in Mong Kok on 27 January, 2016. Photo: SCMP/David Wong

Explainer: What ails the Hong Kong dollar? It is the carry trade 

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New banknotes for red packets for the Lunar New Year at a bank in Mong Kok on 27 January, 2016. Photo: SCMP/David Wong
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