(Bloomberg) -- Pegged to the US dollar since 1983, the Hong Kong dollar is usually a dull currency. Except when it’s not, like this year. The city’s currency has recently experienced wild ...

The Hong Kong dollar has tumbled over 1% from an early May high, when it touched the strong end of its 7.75-to-7.85 permitted range.

Hong Kong's de-facto central bank bought HK$6.92 billion ($881 million) from the market on April 19 to stop the local currency crossing 7.85 per dollar, the weak end of an official trading band.

Investing.com -- S&P Global Ratings has assigned an ’A+’ issue rating to Alibaba (NYSE:BABA) Group Holding Ltd.’s proposed Hong Kong dollar-denominated senior unsecured exchangeable notes ...

Eddie Yue made the remarks amid recent strength in the Hong Kong dollar, which surged to a 3-1/2 year high against the U.S. currency last week, not far from testing the strong end of the system's ...

The Hong Kong dollar's peg to the US currency is seen as a unique advantage for the city, as the majority of stablecoin trading activity happens through cryptocurrencies backed by the US dollar ...

To be sure, there is no serious discussion about Hong Kong abandoning its current 7.75–7.85 fixed rate band to the US dollar anytime soon. But the Trump 2.0 era financial chaos is straining the ...

The Hong Kong dollar is permitted to hover between a 7.75 and 7.85 per US dollar, but it slipped to the weak end of its trading band at 7.85 against the strengthening greenback.

Investing.com -- S&P Global Ratings has assigned an ’A+’ issue rating to Alibaba (NYSE: BABA) Group Holding Ltd.’s proposed Hong Kong dollar-denominated senior unsecured exchangeable notes. The rating ...