For a quarter century, the Hong Kong dollar has been tied to the U.S. dollar, trading at a fixed exchange of about 7.8 HK dollars to one U.S. greenback. This longstanding peg has provided the economy with stability and certainty.... ...full story at Tim Johnson
from Tim Johnson on Mon, Feb 25 2008
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| 25 Sep 07 |
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Stocks jump; dollar slumps »
YouTube video Stocks jump; dollar slumps
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Sep. 24 - Hong Kong stocks tapped fresh record highs on Monday, while Tokyo was closed for a public holiday.
China's rapidly growing airline sector took centre stage... |
| 21 May 09 |
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HK Exchange Fund records 33.5 bln HK dollar loss in Q1 » People's Daily Hong Kong's Exchange Fund recorded a loss of 33.5 billion HK dollars (4.3 billion U.S. dollars) in the first quarter, Hong Kong Monetary Authority Chief Executive Joseph Yam said here Thursday. Yam told lawmakers that the loss was due to... |
| 13 Dec 07 |
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Chinese yuan continues to gain against U.S. dollar » People's Daily China's currency, the renminbi (RMB), hit a new high against the U.S. dollar on Thursday breaking the 7.36 mark. The central parity rate stood at 7.3568 yuan against one dollar, the Chinese Foreign Exchange Trading System said. It ... |
| 06 Sep 07 |
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Yuan hits new high against U.S. dollar » People's Daily China's currency, the yuan, hit a new high against the U.S. dollar on Thursday at 7.5410 yuan to one U.S. dollar, according to the Chinese Foreign Exchange Trading System. The central parity rate of the yuan, also known as Renminbi (RMB ... |
| 18 Feb 09 |
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China's yuan continues to weaken against U.S. dollar » People's Daily The Chinese currency yuan weakened against the U.S. dollar for the fourth consecutive trading day on Wednesday morning as safety-seeking investors pushed the dollar high. The central parity was 6.8363 yuan against the U.S. dollar on Wednesday,... |
| 04 Mar 09 |
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China's yuan weakens for seventh day against U.S. dollar » People's Daily China's yuan weakened against the U.S. dollar for a seventh straight trading day Wednesday. The central parity rate of the yuan was 6.8395 per dollar Wednesday, and 6.8392 yuan per dollar the previous trading day. The currency is allowed... |
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