An employee counts US$100 banknotes at the Hang Seng Bank headquarters in Hong Kong on Tuesday, April 16, 2019. Photo: Bloomberg

Hong Kong’s dollar weakens below low end of trading band as capital flight from China’s stocks gathers pace in escalating trade war

  • The Hong Kong dollar touched 7.85000 per US dollar in New York trading
  • The monetary authority did not immediately disclose any intervention in the market to prop up the local currency
Topic |   Currencies

TOP PICKS

An employee counts US$100 banknotes at the Hang Seng Bank headquarters in Hong Kong on Tuesday, April 16, 2019. Photo: Bloomberg
READ FULL ARTICLE