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

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

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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International

International

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

International

Laid-back vibe, stunning beaches, rich cuisine and low cost of living lure more expat retirees to Malaysia

Vietnam tycoon appeals against US$27 billion fraud death sentence

US announces new restrictions on firearm exports

Central banks will probably only cut half as much as they hiked

US consumer sentiment falls as inflation expectations climb

HSBC wins £1.3 billion suit over Disney film finance scandal

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

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