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HK dollar falls at fastest pace in 14 months on widening US rate gap

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Published Wed, Apr 26, 2017 · 09:50 PM

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    Hong Kong

    FOR a pegged currency, the Hong Kong dollar is once again posting some outsized moves.

    The city's dollar - linked to the greenback since 1983 - is falling at the fastest pace in 14 months as a widening interest-rate gap with the US reduces the lure of the city's assets.

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