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On 17 October 1983, the Hong Kong dollar was officially pegged to the U.S. dollar at a rate of HK$7.8 = US$1, officially switching back to the currency board system. The peg of Hong Kong dollar to the U.S. dollar in 1983 actually took place in the context of Sino-British negotiation regarding the future of Hong Kong after 1997.
Display a table link to exchange rates between a currency to one of the top 9 most traded currencies in the world, and, optionally, three other currencies. Template parameters [Edit template data] This template prefers inline formatting of parameters. Parameter Description Type Status Currency code 1 The currency code to be used in this template. String required Additional currency 2 ...
Hong Kong's economic strengths include a sound banking system, virtually no public debt, a strong legal system, ample foreign exchange reserves with assets of US$481.6 billion represent over six times the currency in circulation or about 46 per cent of Hong Kong dollar M3 as at the end of March 2022, [25] rigorous anti-corruption measures and ...
Yahoo Finance 3 hours ago Reddit continues to show the flip side of AI: Chart of the Week Reddit's traffic from Google was the low point from the company's Q4 results this week.
Yahoo Finance made a number of significant changes to elevate, personalize, and simplify your experience on the site. Yahoo Finance site update delivers deeper insights, richer content Skip to ...
The HKMA guarantees to exchange US dollars into Hong Kong dollars, or vice versa, at the rate of 7.80. When the market rate is below 7.80, the banks will convert US dollars for Hong Kong dollars from the HKMA; Hong Kong dollar supply will increase, and the market rate will climb back to 7.80.
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Hong Kong dollar: HKD $, HK$, ... AUD CAD CHF CNY EUR GBP HKD JPY USD EUR JPY USD: From Yahoo! Finance: AUD CAD CHF CNY EUR GBP HKD JPY USD EUR JPY USD: From XE.com: