A bank staff counting HK$1,000 banknotes at the Hang Seng Bank in Hong Kong on Tuesday, April 16, 2019. Photo: Bloomberg A bank staff counting HK$1,000 banknotes at the Hang Seng Bank in Hong Kong on Tuesday, April 16, 2019. Photo: Bloomberg
A bank staff counting HK$1,000 banknotes at the Hang Seng Bank in Hong Kong on Tuesday, April 16, 2019. Photo: Bloomberg

Hong Kong’s dollar is having its best bull run since Sars, and shows no sign of slowing down amid interest rate gap with US

  • The Hong Kong dollar, pegged to the US dollar since 1983, is set for its best run since 2003 within a trading band
  • The strength is likely to be sustained as local borrowing costs are expected to stay higher than US rates in the near term

Topic |   Currencies
A bank staff counting HK$1,000 banknotes at the Hang Seng Bank in Hong Kong on Tuesday, April 16, 2019. Photo: Bloomberg A bank staff counting HK$1,000 banknotes at the Hang Seng Bank in Hong Kong on Tuesday, April 16, 2019. Photo: Bloomberg
A bank staff counting HK$1,000 banknotes at the Hang Seng Bank in Hong Kong on Tuesday, April 16, 2019. Photo: Bloomberg
READ FULL ARTICLE